As of February 2008, you are researching Jonash International, a hypothetical company subject to cyclical demand for its services. Jonash shares closed at $57.98 on February 2, 2007. You believe the 20032006 period reasonably captures average profitability:

Measure	2007	2006	2005	2004	2003
EPS	E $3.03	$1.45	$0.23	$2.13	$2.55
BV per share	E $19.20	$16.21	$14.52	$13.17	$11.84
ROE	E 16.0%	8.9%	1.6%	16.3%	21.8%

Calculate a normalized EPS for Jonash based on the method of average ROE.

(Round your answer to 3 decimal places. For example, if your answer is 89.12345, enter 89.123)

P9-1 As of February 2008, you are researching Jonash International, a hypothetical company subject to cyclical demand for its services. Jonash shares closed at $57.98 on February 2 , 2007 Ynut helieve the 30n.320nk nerind reacnnahlv ranturec average nrofitahility. \begin{tabular}{|l|} \hline Me \\ \hline EPS \\ \hline BV \\ \hline RO \\ \hline \end{tabular} 4 1 point Calculate a normalized EPS for Jonash based on the method of average ROE. (Round your answer to 3 decimal places. For example, if your answer is 89.12345, enter 89.123) Type your