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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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