QUESTION 9 You are a new analyst at Border Line Investments. Your boss asks you to value a company. After exhausting hours, you determine the company's 2021 net income of $120 million will grow by 10% in 2022 and then by 104 in 2023. in 2023, the company will trade at a P/E ratio of 15. However, to purchase the entire company, Border Line Investments needs a 5% required returne discount factor What price would suggest to your boss as a fair valuation to purchase the company in 2021 51.836 billion 5677 million $2.178 billion 52.074 billion 5896 million 52.100 billion None of the other answers are correct 51.975