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Business has been good for Keystone Control a. Determine the compound annual rate of growth in earnings (n 4). (Do not round intermediate calc Compound
Business has been good for Keystone Control a. Determine the compound annual rate of growth in earnings (n 4). (Do not round intermediate calc Compound annual rate of growth Systems, as indicated by the four-year growth in earnings per share. The earnings have grown from $1.00 to $3.51 ulations. Input your answer as a percent rounded to 2 decimal places.) b. Based on the growth rate determined in part a, project earnings for next year (E,).(Do not round intermediate calculations. Round your answer to 2 decimal places.) E1 $ 4.80 c. Assume the dividend payout ratio is 45 percent. Compute D, (Do not round intermediate calculations. Round your answer to 2 decimal places.) D1 d. The current price of the stock is $20. Using the growth rate (g) from part a and D, from part percent rounded to 2 decimal places..) Using the growth rate (g) from part a and D, from part c, compute Ke. (Do not round intermediate calculations. Input your answer as a Ke 47.681 % 7:19 PM 8/14/2018 O Type here to search
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