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Need Part E! ee X Connect x Course H x *Course H x * Course H x * Course H X 1 (1) What to.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252...

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ee X Connect x Course H x *Course H x * Course H x * Course H X 1 (1) What to.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252... ork mode : This shows what is correct or incorrect for the work you have completed so far. It does not i completion. Return to ques Sam's Fine Garments sells jackets and sports coats in suburban malls throughout the country. Business h been good, as indicated by the four-year growth in earnings per share. The earnings have grown from $1. to $1.57. a. Determine the compound annual rate of growth in earnings (n = 4). Use Appendix A. (Round the final answer to 2 decimal places.) Compound annual rate of growth 12 % b. Based on the growth rate determined in part a, project earnings for next year (E1). (Round compound annual rate of growth to 2 decimal places. Round the final answer to 2 decimal places.) E1 $ 1.76 0 c. Assume the dividend payout ratio is 35 percent. Compute D1. (Round intermediate calculations to 2 decimal places. Round the final answer to 2 decimal places.) D 1 $ 0.620 d. The current price of the stock is $21. Using the growth rate (g) from part a and D, from part c, compute Ke. (Round intermediate calculations to 2 decimal places. Round the final answer to 2 decimal places.) Ke 15 0% e. If the flotation cost is $2.75, compute the cost of new common stock (X,). (Round compound annual rate of growth to 2 decimal places. Round intermediate calculations to 2 decimal places. Round the final answer to 2 decimal places.) A X WE RERL MacBook Air

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