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A) Suppose that Facebook has earnings per share (expected next year) of $6.20 and that Facebook's discount rate for equity is 12%. If Facebook is
A) Suppose that Facebook has earnings per share (expected next year) of $6.20 and that Facebook's discount rate for equity is 12%. If Facebook is not expected to grow at all, what would Facebook's share price be? Do not include the $ sign and answer to the nearest $0.01. B) Instead, Facebook is trading at $160 per share. What is the present value of Facebook's growth opportunities per share? Do not include the $ sign and answer to the nearest $0.01
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