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Beagle Beautles engages in the development, manufacture, and sale of a line of cosmetics designed to make your dog look glamorous. Below you will find

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Beagle Beautles 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 150 , the risk-free rate is 270 percent, and the market risk premium is 7.0 percent. The sustainable growth rate is 5168 percent, and the required return is 13.20 percent. Use the clean surplus relationship to calculate the share price for Beagle Beauties with the residual income model. Note: Do not round intermediate colculations. Round your answer to 2 decimal places

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