3. XYZ Co has current EPS of $2.50. It does not pay dividends. Its current book value per share is $6.25. Its earnings have been growing at a rate of 7.5%. Using a discount rate of 12%, what is the value of XYZ stock?

3. XYZ Co has current EPS of $2.50. It does not pay dividends. Its current book value per share is $6.25. Its earnings have been growing at a rate of 7.5%. Using a discount rate of 12%, what is the value of XYZ stock