Red Bull's $2023$ annual report contained the following

information:

Red Bull has $2,200$ shares outstanding and a cost of equity of

$11\%.$ Neither are forecast to change into perpetuity. Calculate

the following:

a$)$ The reinvestment rate $b_{2023}.$

b$)$ The return on capital $Ro{C}_{2023}$ & interest expense after tax

$i(1-T{)}_{2023}.$

Now, assume RoC,$i(1-T),$&$b$ are constant into perpetuity.

c$)$ The return on equity $Ro{E}_{2024}.$

d$)$ The stable growth rate $g.$

e$)$ The price per share $P_0$ of Red Bull.