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Consider the following information which relates to a given company: Item 2019 Value $6.41 $41.02 Earnings Per Share Price Per Share (Common Stock) Book Value
Consider the following information which relates to a given company: Item 2019 Value $6.41 $41.02 Earnings Per Share Price Per Share (Common Stock) Book Value (Common Stock Equity) Total Common Stock Outstanding Dividend Per Share $6231 27 $4,4 million million an Analysts expect that the company could maintain a constant annual growth rate in dividends per share of 5.06% in the future, or possibly 7.2% for the next 2 years and 5.84% thereafter. In addition, it is expected that the risk of the firm as measured by the risk premium on its stock to Increase immediately from 8.51% to 10.81%. Currently, the risk free rate is 5.17% Required: Determine the firm's current book value per share $ per share (ROUND YOUR ANSWER TO 2 DECIMAL PLACES. FOR EXAMPLE: 17.23)
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