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Consider the following data for XYZ Company Quiz navigati 2 3 Finish attempt Year 2017 2018 2019 2020 2021 Earnings per share $12.00 12.60 13.23

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Consider the following data for XYZ Company Quiz navigati 2 3 Finish attempt Year 2017 2018 2019 2020 2021 Earnings per share $12.00 12.60 13.23 13.89 14.58 Time left 1:26:53 The comings por share have grown at a constant rate (on a rounded basis) and will continue to do so in the future. Dividends represent 40 percent of earnings Required Project earnings and dividends for the next year. If the required rate of return is 13 percent what is the anticipated share price at the beginning of 2022? 2 B 1 US Earnings Year per share Finis Time 2017 2018 2019 2020 2021 $12.00 12.60 13.23 13.89 14.58 The earnings per share have grown at a constant rate (on a rounded basis) and will continue to do so in the future. Dividends represent 40 percent of earnings. Required: Project earnings and dividends for the next year. If the required rate ot return is 13 percent. what is the anticipated share price at the beginning of 20222 1 US X) x D 9

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