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Last (sixth) accounting question is in the attachment. Thank you. 6. Tarek Corp reported a book: value for its 563.6 million common shares of $5.650

Last (sixth) accounting question is in the attachment. Thank you.

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6. Tarek Corp reported a book: value for its 563.6 million common shares of $5.650 million on December 31r 3016. Analvsts are forecasting EFS of $3.36 for 201?r and $3.60 for 3013, and the indicated dividend per share is $1.36 for both 2013'r and 3013. Accepting these forecasts as valid, and using a required equityr return of 9'36, deal with the following. 1- Prepare a table of terminal value at the end of 2013, based on the following forecasts: I Residual earnings will remain constant after 3013 I Residual earnings will grow at 2'36 after 3013 I Residual earnings will grow at 496 after 3013 2- Tarek is currentlv trading at $53 per share. What is the market's forecast of the growth rate in residual earnings after 2013? 3- At this implicit growth rate, what are the EPS that the market is forecasting for 2016i and 2030? 4- What is the market's implicit target price at the end of 2018

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