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Consider the following information which relates to a given company: Item 2019 Value Earnings Per Share $6.88 Price Per Share (Common Stock) $37.25 $63.31 Million

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Consider the following information which relates to a given company: Item 2019 Value Earnings Per Share $6.88 Price Per Share (Common Stock) $37.25 $63.31 Million Book Value (Common Stock Equity) Total Common Stock Outstanding 2.5 Million Dividend Per Share $5.75 Analysts expect that the company could maintain a constant annual growth rate in dividends per share of 6.34% in the future, or possibly 8.39% for the next 2 years and 6.89% 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 8.26% to 12.91%. Currently, the risk-free rate is 5.1%. Required: Determine the firm's current book value per share. $ per share (ROUND YOUR ANSWER TO 2 DECIMAL PLACES. FOR EXAMPLE: 17.23) Consider the following information which relates to a given company: 2019 Value $2.1 $3.3 Item Earnings Per Share Price Per Share (Common Stock) Book Value (Common Stock Equity) Total Common Stock Outstanding Dividend Per Share $62.69 Million 2.5 Million $5.08 Analysts expect that the company could maintain a constant annual growth rate in dividends per share of 6.85% in the future, or possibly 8.3% for the next 2 years and 6.13% 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 8.39% to 12.08%. Currently, the risk-free rate is 5.63%. Required: Determine the firm's P/E ratio. (ROUND YOUR ANSWER TO 2 DECIMAL PLACES. FOR EXAMPLE: 17.23) Consider the following information which relates to a given company: Item 2019 Value Earnings Per Share $6.41 $36.88 Price Per Share (Common Stock) Book Value (Common Stock Equity) Total Common Stock Outstanding $60.83 Million 2.1 Million Dividend Per Share $4.7 Analysts expect that the company could maintain a constant annual growth rate in dividends per share of 6.03% in the future, or possibly 8.54% for the next 2 years and 6.44% 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 8.76% to 7.4%. Currently, the risk-free rate is 9.3%. Required: Determine the current required return for the firm's stock. % (ROUND YOUR ANSWER TO 2 DECIMAL PLACES. FOR EXAMPLE: 17.23) Consider the following information which relates to a given company: Item 2019 Value $6.14 $37.79 Earnings Per Share Price Per Share (Common Stock) Book Value (Common Stock Equity) Total Common Stock Outstanding Dividend Per Share $62.93 Million 2.3 Million $5.36 Analysts expect that the company could maintain a constant annual growth rate in dividends per share of 6.79% in the future, or possibly 8.07% for the next 2 years and 6.49% 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 8.71% to 9.3%. Currently, the risk-free rate is 6.1%. Required: Determine the new required return for the firm's stock. % (ROUND YOUR ANSWER TO 2 DECIMAL PLACES. FOR EXAMPLE: 17.23)

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