Beagle Beauties engages in the development, manufacture, and sale of a line of cosmetics designed to make your dog look glamorous. Below you will find selected information necessary to compute some valuation estimates for the firm. Assume the values provided are from year$-$end $2021.$ Also assume that the firm$$s equity beta is $1\mathrm{.}20,$ the risk$-$free rate is $2\mathrm{.}65$ percent, and the market risk premium is $7\mathrm{.}0$ percent.

Dividends per share $ $2\mathrm{.}26$

Return on equity $9\mathrm{.}50\%$

Book value per share $ $18\mathrm{.}70$

Earnings Cash Flow Sales

$2021$ value per share $ $5\mathrm{.}00$ $ $6\mathrm{.}30$ $ $25\mathrm{.}65$

Average price multiple $13\mathrm{.}109\mathrm{.}532\mathrm{.}47$

Forecasted growth rate $13\mathrm{.}59\%11\mathrm{.}30\%7\mathrm{.}23\%$

The sustainable growth rate is $5\mathrm{.}206$ percent, and the required return is $11\mathrm{.}05$ percent. Use the clean surplus relationship to calculate the share price for Beagle Beauties with the residual income model.