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Bills Bakery has current earnings per share of $2.58. Current book value is $4.40 per share. The appropriate discount rate for Bills Bakery is 10

Bills Bakery has current earnings per share of $2.58. Current book value is $4.40 per share. The appropriate discount rate for Bills Bakery is 10 percent. Calculate the share price for Bills Bakery if earnings grow at 2.9 percent forever. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Given the information below for Seger Corporation, compute the expected share price at the end of 2020 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2020. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Year 2014 2015 2016 2017 2018 2019
Price $ 81.90 $ 87.80 $ 86.50 $ 84.00 $ 105.50 $ 120.90
EPS 3.20 3.91 4.71 5.41 7.40 8.40
CFPS 7.67 8.56 8.95 10.52 12.04 13.26
SPS 64.00 69.00 68.40 71.90 83.10 91.10

Using P/E Ratio

Using P/CF Ratio

Using P/S Ratio

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