Full Boat Manufacturing has projected sales of $123 million expected to be $73.2 million and net investment is expected to b these values is expected to grow at 13 percent the following yei declining by 2 percent per year until the growth rate reaches expected to remain indefinitely. There are 6.3 million shares of investors require a return of 10 percent return on the company's s rate is 21 percent. a. What is your estimate of the current stock price? (Do no calculations and round your answer to 2 decimal places, e.g., b. Suppose instead that you estimate the terminal value of the multiple. The industry PE multiple is 12. What is your new esti stock price? (Do not round intermediate calculations and ro decimal places, e.g., 32.16.) Answer is complete but not entirely correct. a. $ 111.81 x Share price Share price b. $ 64.89 X Full Boat Manufacturing has projected sales of $123 million expected to be $73.2 million and net investment is expected to b these values is expected to grow at 13 percent the following yei declining by 2 percent per year until the growth rate reaches expected to remain indefinitely. There are 6.3 million shares of investors require a return of 10 percent return on the company's s rate is 21 percent. a. What is your estimate of the current stock price? (Do no calculations and round your answer to 2 decimal places, e.g., b. Suppose instead that you estimate the terminal value of the multiple. The industry PE multiple is 12. What is your new esti stock price? (Do not round intermediate calculations and ro decimal places, e.g., 32.16.) Answer is complete but not entirely correct. a. $ 111.81 x Share price Share price b. $ 64.89 X