Big Sky Ranches reported the following for the end of its fiscal year: Revenues = $40.8 million. Pretax income = $8.6 million. Assets = $53.2 million. Liabilities = $27.8 million. Dividends per share = $0.35. Shares outstanding = 8 million. Tax rate = 35% The beta for Big Sky Ranches is 1.2, the current risk-free rate is 4.5%, and the expected return on the market is 12.5%. What is the value of the shares using a single-stage residual income model? Veuillez choisir une rponse O A. 11.28 O B.23.33 O C. 39.15 O D. 8.10 Big Sky Ranches reported the following for the end of its fiscal year: Revenues = $40.8 million. Pretax income = $8.6 million. Assets = $53.2 million. Liabilities = $27.8 million. Dividends per share = $0.35. Shares outstanding = 8 million. Tax rate = 35% The beta for Big Sky Ranches is 1.2, the current risk-free rate is 4.5%, and the expected return on the market is 12.5%. What is the value of the shares using a single-stage residual income model? Veuillez choisir une rponse O A. 11.28 O B.23.33 O C. 39.15 O D. 8.10