please write down the formula used

QUESTIONS 1. Assuming the company continues its current growth rate, what is the value per share of the company's shares? 2. To verify their calculations Elise and Paul have hired Josh Schessman as a consultant. Josh was previously an equity analyst and covered the building industry. Josh has examined the company's financial statements, as well as those of their competitors. Although Gold Coast Constructions currently has a reputational advantage, his research indicates that other companies are investigating ways to improve their own standing. Given this, Josh believes that Gold Coast Constructions' reputational advantage will last for only the next five years. After that period, the company's growth will probably slow to the industry growth average. Gold Coast Constructions was founded nine years ago by siblings Elise and Paul Nelson. The company constructs prestige homes in the Gold Coast region of Queensland, Gold Coast Constructions has experienced rapid growth because a number of celebrity customers have used them to build their homes on the new canal developments. The company is equally owned by Elise and Paul. The original partnership agreement gave cach sibling 50 000 shares. In the event that either wished to sell their shares, the shares first had to be offered to the other partner at a discounted price. Although neither sibling wants to sell, they have decided they should value their holdings in the company. To get started, they have gathered the following information about their main competitors: GOLD COAST CONSTRUCTIONS COMPETITORS EPS Aaron Cool Homes $ 130 5016 $2534 National Celebrity Homes 195 DPS SHARE PRICE ROE R 85% 10 0.23 2985 105 13 Expert Homes 037 014 22.13 978 12 Industry average $.096 S018 $25 77 959 1167 Expert Homes Ltd negative carnings per share were the result of an accounting write-off last year. Without the write-off, camnings per share for the company would have been $1.10. Last year, Gold Coast Constructions had an EPS of $3.15 and paid a dividend to Elise and Paul of $45 000 cach. The company also had a return on equity of 17%. The siblings believe that 14% is an appropriate required return for the company