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5 0 Saved H Problem 7-41 Growth Opportunities (LO2) Trend-Line Inc. has been growing at a rate of 6% per year and is expected to
5 0 Saved H Problem 7-41 Growth Opportunities (LO2) Trend-Line Inc. has been growing at a rate of 6% per year and is expected to continue to do so indefinitely. The next dividend is expected to be $6 per share. a. If the market expects a 10% rate of return on Trend-Line, at what price must it be selling? (Do not round intermediate calculations.) Current selling price b. If Trend-Line's earnings per share will be $9 next year, what part of its value is due to assets in place? (Do not round intermediate calculations.) ces Trend-Line's value c. If Trend-Line's earnings per share will be $9 next year, what part of its value is due to growth opportunities? (Do not round intermediate calculations.) Trend-Line's value
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