A firm has net income of $1 million with 250,000 shares outstanding with a total market value of $17 million. What is its P/E ratio? (Please use or round to 2 decimal places, for example, if your answer is 3.1, enter 3.10, if your answer is 8.0879, enter 8.09 ) Your Answer: A company has a price to book ratio of 1.7, book value of equity of $210 million and 100 million shares of common stock outstanding. Its stock price is $ (please use or round to 2 decimal places.) Your Answer: XYZ Company has expected earnings of $3 for next year and usually retains 50 percent for future growth. Its dividends are expected to grow at a rate of 3 percent indefinitely. If an investor has a required rate of return of 11 percent, what price would he be willing to pay for XYZ stock?(please round to and use 2 decimal places, if your answer is $53.8922, enter 53.89, if your answer is $5, enter 5.00 )