9. Piper Jaffray Securities expects made the following forecasts for a Hi-tech firm, TXI Inc at the end of 2013. the initial 4 year period of 15% per year growth after 2017, Analysts anticipate that nd in AEG in its mature phase and allow 6 years for the linear transition. (R-996) expected to hg an uneven above-average growth in Abnormal Earnings Growth. Specifically, TXI is to have an have a 6%/ 2016 2.3 2014 201 0.2 215 2.68 EPS DPS 035 0.35 04 a)Cakculate Cum-Dividend carnings from 2015 to 2017 b) Calculate Normal Earnings from 2015 to 2017 c) Calculate AEG from 2015 to 2017 d) Calculate Present Value of AEG from 2015 to 2017 ev e) Calculate AEG from 2018 to 2021 ) Calculate Present Value of AEG from 2018 to 2021 g) Calculate Terminal value of AEG at the end of 2021 h) Calculate Present Value of Terminal Value of AEG i) Calculate the stock price of TXI at the end of 2013 using AEG model. 9. Piper Jaffray Securities expects made the following forecasts for a Hi-tech firm, TXI Inc at the end of 2013. the initial 4 year period of 15% per year growth after 2017, Analysts anticipate that nd in AEG in its mature phase and allow 6 years for the linear transition. (R-996) expected to hg an uneven above-average growth in Abnormal Earnings Growth. Specifically, TXI is to have an have a 6%/ 2016 2.3 2014 201 0.2 215 2.68 EPS DPS 035 0.35 04 a)Cakculate Cum-Dividend carnings from 2015 to 2017 b) Calculate Normal Earnings from 2015 to 2017 c) Calculate AEG from 2015 to 2017 d) Calculate Present Value of AEG from 2015 to 2017 ev e) Calculate AEG from 2018 to 2021 ) Calculate Present Value of AEG from 2018 to 2021 g) Calculate Terminal value of AEG at the end of 2021 h) Calculate Present Value of Terminal Value of AEG i) Calculate the stock price of TXI at the end of 2013 using AEG model