Mohammed is using the following information to estimate the intrinsic value of PLE's common stock using the residual income model: PLE has total assets of $5 million, with a debt to equity ratio of 1:4. PLE's pretax cost of debt is 7%, and cost of equity capital is 8%. PLE's operating income is $500,000 and it is taxed at a 10% tax rate. PLE's book value per share is $32 and it has 80,000 shares of common stock outstanding. What is the residual income per share of PLE? 387000 Veuillez choisir une rponse : O A. 0.9225 O B.2.102 O C. 1.625 O D. 0.8375