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NORDAM Group, a firm that specializes in the design and manufacturing of aircrat components, has 140 millon shares outitending and analysts eapect NORDMM to hive

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NORDAM Group, a firm that specializes in the design and manufacturing of aircrat components, has 140 millon shares outitending and analysts eapect NORDMM to hive earnings of S4 to milion this coming year (f=1). NOROAM plans to pay out 57 of its earings in divibends and they expect to use another I3W of their eapnings to repurchase thares. NORDAM's eguity cont of capital ia 10\%. Its eamings are expected to grow at a rale of J\% per year and these payout rames are expected to remain constant What is the value co one share of NofoAM alock today? A. 520.50 B. 52920 c. 55.44 D. $1.84 E. 523.85 F. Noee of the above answers is within 50.05 of the correct anawet

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