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Consider the following information which relates to a given company: Item 2019 Value $6.66 $37.53 Earnings Per Share Price Per Share (Common Stock) Book Value

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Consider the following information which relates to a given company: Item 2019 Value $6.66 $37.53 Earnings Per Share Price Per Share (Common Stock) Book Value (Common Stock Equity) Total Common Stock Outstanding Dividend Per Share $60.3 Million Million 2.4 $4.57 Analysts expect that the company could maintain a constant annual growth rate in dividends per share of 6.97% in the future, or possibly 8.48% for the next 2 years and 6.67% 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 8.57% to 12.19%. Currently, the risk-free rate is 5.67%. Required: Determine the firm's current book value per share

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