Question
Bills Bakery expects earnings per share of $2.50 next year. Current book value is $4.30 per share. The appropriate discount rate for Bills Bakery is
Bills Bakery expects earnings per share of $2.50 next year. Current book value is $4.30 per share. The appropriate discount rate for Bills Bakery is 17 percent. Calculate the share price for Bills Bakery if earnings grow at 3.40 percent forever. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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Pricing Analytics Models And Advanced Quantitative Techniques For Product Pricing
Authors: Walter R. Paczkowski
1st Edition
1138623938, 9781138623934
