level off at 2.5% per year. According to the dividend-discount model, what is the value of a share of Procter and Gamble sbock if the fers's oquity cost of capital is 7 . 6 \%? The price per share is (Round to the nearest cent) Hallford Corporation expects to have oarnings this coming year of $3.00 per share. Hallford plans to rotain alf of is earnings for the next two years. For the aubtequent two years, the fim will retain 50% of its earnings. It will then retain 20% of its eamings from that point onward. Each year, retained earnings wal be invested in new projocts with an expected return of 2500% per year. Any. equity cost of capital is 10.0% what price would you estimate for Halifoed slock? Note: Remenber that growth rate is conpuled as: retension rate x rale of retum The price per share is ? (Round to the nearest cent.) Suppose Amazon com inc, pays no dividends but spent $4.95 bilion on share repurchases tast year. If Amatron's oculy cost of captal is 117%, and is the ancunt spant on repurchanes is expected to grow by 7.9% per yeat, estimate Amazon's maket capitalization. If Amazon has 6.02 bilian shares cutstanding. what stock price does this correspond to? Estimate Amazon's market cap talizasoon. Amazon's manket capitalizaton is 4 bilion. (Round to two decimal places.) After that, the free cash flows are expected to grow at the industry average of 4.1% per year. Using the divcounted free cash flew model and a weighed average cost of capital of i3.7\%: a. Estimate the enterprise value of Heavy Metal. b. If Heavy Metal has no excess cash, debt of $302 milton, and 36 mallion shares outstanding, estimate its share price