financial management

Question 5 Not yet Mariend out of 30.00 Consider the following information which relates to a given company Item Earnings Per Share Price Per Share (Common Stock) Book Value (Common Stock Equity) Total Common Stock Outstanding Dividend Per Share 2019 Value 56.2 $39.85 $61.44 227 $4.31 million Flag question million Analysts expect that the company could maintain a constant annual growth rate in dividends per share of 5.68% in the future or possibly 7.24% for the next 2 years and 5.28% 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 8.01% to 10.06%. Currently, the risk-free rate is 5.23%. Required: Assuming no growth in future dividends, and a required return of 16.38% find the value per share of the firm's stock (ROUND YOUR ANSWER TO 2 DECIMAL PLACES. FOR EXAMPLE: 17:23)