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CanCor Developers reported earnings per share of $2.40 in 2020, and paid dividends per share of $1.06. The earnings had grown 7.5% a year over

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CanCor Developers reported earnings per share of $2.40 in 2020, and paid dividends per share of $1.06. The earnings had grown 7.5% a year over the prior five years and were expected to grow 6% a year in the long term (starting 2021). The stock had a beta of 1.05 and traded for ten times earnings. The treasury bond rate was 7%. The MRP was 5.5% 19 of 30 4 Ma What is your estimate to the P/E ratio for CanCor Developers? O a. 6.503 O b. 7.50 x O c. 7.00% O d. 8.50x O e. None of the above. Unsure

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