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Question 4 1 points Save Answe National City Corporation, a bank holding company, reported earnings per share of $2.40 in 1993, and paid dividends per

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Question 4 1 points Save Answe National City Corporation, a bank holding company, reported earnings per share of $2.40 in 1993, and paid dividends per share of $1.06. The earnings had grown 7.5% a year over the prior five years, and were expected to grow 6% a year in the long term starting in 1994). The stock had a beta of 1.05 and traded for ton times earnings. The treasury bong rate was 7% and the equity premium is 5.5%. Estimate the PVE Ratio for National City Corporation 12.775 6.91 6.61 2.51

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