4. What is the current valuation of XYZ if you expect EPS in 2024 to be $14 ? The stock paid a dividend of $3.00 lasy year, which you assume will grow at 10% per year. The market multiple is 18x and XYZ should be valued at a 10% premium to that (at the end of 2024). The risk-free rate is 3%, the market risk premium is 7% and the beta of XYZ is 1.1. Assume it is the end of 2022 . Hint this is a 2 year valuation problem ( 2 years on your timeline - it is not a dividend discount model price (valuation) = P/E X EPS