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Problem 6-28 Price Ratios (LO4, CFA8) Beagle Beauties engages in the development, manufacture, and sale of a line of cosmetics designed to make your dog

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Problem 6-28 Price Ratios (LO4, CFA8) Beagle Beauties engages in the development, manufacture, and sale of a line of cosmetics designed to make your dog look glamorous. Below you will find selected information necessary to comput provided are from year-end risk premium is 6.4 percent e some valuation estimates for the firm. Assume the values 2015. Also assume that the firm's equity beta is 1.40, the risk-free rate is 2.20 percent, and the market $ 2.64 Dividends per share Return on equity Book value per share 10.001 $17.30 2015 value per share Average price multiple Forecasted growth rate Earnings Cash Low Sales S 5.50S6.95$25-90 2.56 13.58N 67-64 13.60 9-57 Using the P/E, PICF. and PiS ratios, estimate the 2016 share price for Beagle Beauties (0o not round i estimate the 2016 share price for Beagle Beauties. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Share price Using P/E ratio Using P/CF ratio

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