P/E and Growth Daisy Pixie Stix pays out 60% of its earnings as dividends. The firm has been earnings $0.12 cents per dollar of equity invested in the firm and investors require a 10.25% return. The last annual earnings were $5.00 per share. What is the P/E ratio of the stock?

21.70

32.04

19.68

11.01

P/E and Value JJ Industries retains 40% of its income. Last year's EPS was $1.70 and ROE is 16%. Investors require a 14% return on this stock. What is the intrinsic value of the stock?

$13.33

$15.95

$10.88

$11.67

Free Cash Flow to Equity This year a firm has FCFF of $14.50 million. The firm has interest expense of $8 million and is in a 39% tax bracket and debt increased by $3 million. The firm's free cash flow to equity is ____________ million.

$12.62

$9.62

$3.50

$14.50