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Bills Bakery expects earnings per share of $3.14 next year. Current book value is $5.1 per share. The appropriate discount rate for Bills Bakery is

Bills Bakery expects earnings per share of $3.14 next year. Current book value is $5.1 per share. The appropriate discount rate for Bills Bakery is 13 percent. Calculate the share price for Bills Bakery if earnings grow at 4.8 percent forever.

Ps: the expects earnings per share of $3.14 next year is EPS0 or EPS1?

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