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Assume you obtain the following information about Wild Amusement Park: Total assets $77,000,000 Total equity $31,266,899 Net income $4,390,134 EPS $5.96 per share Dividend payout

Assume you obtain the following information about Wild Amusement Park:

Total assets

$77,000,000

Total equity

$31,266,899

Net income

$4,390,134

EPS

$5.96

per share

Dividend payout ratio

37%

Required return

11.1%

Use the constant-growth DVM to place a value on this company's stock.

Question content area bottom Part 1

The value of this company's stock is $enter your response here. (Round to the nearest cent.)

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