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Lilan Manufacturing has projected sales of $ 1 3 8 million next year. Costs are expected to be $ 7 7 million, net investment is
Lilan Manufacturing has projected sales of $ million next year. Costs are expected to be $ million, net investment is expected to be $ million. Each of these values is expected to grow at the following year, with the growth rate declining by per year until the growth rate reaches where it is expected to remain indefinitely. There are million shares outstanding, and investors require a return of on the company's stock. The corporate tax rate is What is your estimate of stock price? pts
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