Risk free rate = 0.016 Market rate = 0.136

1. The average P/E of Korn Ferry's major competitors is 15.57. If its current EPS is $4.40 and it's selling for $50.98 a share, is it over or under valued?

2. Korn Ferry's average P/E is 12.867. Find its intrinsic value. It is it over or under valued?

3. Korn Ferry's information is below. Use it and the Two-stage Growth Model to find its intrinsic value. Forecast its cash flows for 2024 through 2027. Is it over or under valued?

2023 2024 2025 2026 2027 Beta 1.15 Dividend $0.70 Growth rates 0.120 0.151 0.151

4. Affiliated Managers has a beta of 1.40 and a fixed dividend. If its current P/E is 5.8, is it over or under valued?

5. Korn Ferry has a variable dividend. Its beta is 1.15, its dividend payout ratio is 14%, and its growth rate is 9%. Its current P/E is 9.0. Is it over or under valued?