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Please solve the following: Suppose Compco Systems pays no dividends but spent $4.84 billion on share repurchases last year. If Compco's equity cost of capital

Please solve the following:

image text in transcribedimage text in transcribed Suppose Compco Systems pays no dividends but spent $4.84 billion on share repurchases last year. If Compco's equity cost of capital is 12.4%, and if the amount spent on repurchases is expected to grow by 7.3% per year, estimate Compco's market capitalization. If Compco has 6.1 billion shares outstanding, to what stock price does this correspond? Compco's market capitalization will be $ billion. (Round to two decimal places.) CX Enterprises has the following expected dividends: $1.03 in one year, $1.17 in two years, and $1.26 in three years. After that, its dividends are expected to grow at 3.6% per year forever (so that year 4 's dividend will be 3.6% more than $1.26 and so on). If CX's equity cost of capital is 12.3%, what is the current price of its stock? The price of the stock will be $ (Round to the nearest cent.) Suppose Compco Systems pays no dividends but spent $4.84 billion on share repurchases last year. If Compco's equity cost of capital is 12.4%, and if the amount spent on repurchases is expected to grow by 7.3% per year, estimate Compco's market capitalization. If Compco has 6.1 billion shares outstanding, to what stock price does this correspond? Compco's market capitalization will be $ billion. (Round to two decimal places.) CX Enterprises has the following expected dividends: $1.03 in one year, $1.17 in two years, and $1.26 in three years. After that, its dividends are expected to grow at 3.6% per year forever (so that year 4 's dividend will be 3.6% more than $1.26 and so on). If CX's equity cost of capital is 12.3%, what is the current price of its stock? The price of the stock will be $ (Round to the nearest cent.)

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