Home Inserisci Disegno Layout di pagina Formule Dati Arial V 10 ' = = V Incolla GCS Sv V a. Ar G30 X & fox A B D E F G H 1 Problem 6 24 points 3 4 Highlight the correct answer 5 6 The EPS of Beta Enterprises next year is expected to be 2$ 7 Beta Enterprises planned to retain 100% of eamings for the next 3 years. 8 Moreover for the following 2 years the payout ratio will be 50%. 9 Starting from year 6 the companies will distribute the 75% of eamings. 10 Retained eamings are invested in a project with an annual expected retum of 20% and 11 the cost of capital is 12%. 12 Find the share price. 13