Question
On December 31, 2019, equity analysts following ABC Corp. are forecasting earnings per share of $1.20 for 2020 and $2.40 for 2021. The cost of
On December 31, 2019, equity analysts following ABC Corp. are forecasting earnings per share of $1.20 for 2020 and $2.40 for 2021. The cost of equity capital is 10%. ABC Corp. does not pay dividends. ABC Corp. traded at a market price of $192 per share on December 31, 2019. Assume a constant AEG growth after 2021. What is the market's forecast of EPS for 2022?
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The Commercial Real Estate Investors Handbook
Authors: Steven D. Fisher
1st Edition
1601380372, 978-1601380371
