SAY-A-2-A-E33 IN 00 28 Shape Shape Oui Amange Find Replice le 13 Paragraph Ton Dictat Drawing De de Designer For VaR Residual Income Valuation Example: forecast the residual income for Delilah cosmetics, assume a required rate of return of 11%. 9,00 18.00 Delilah Data Forecast Current Market Price Current Book value per Share Consensus EPS estimates Jan-20 Jan 21 Dividend Payout Ratio 2.05 2.22 65% Answer 2021 1872 Beginning Book Value (Bt-1) Earnings per Share Forecast (Et) Dividend Forecast (Dt Payout Ratio .et) Forecast Book Value per Share (Bt-1 Ett) Equity Charge per Share (ke*Bt-1) Residual income Per Share (RI-El-keat 1) 2020 18.00 02.05 133 1872 ELS 07 1.44 19.49 02.06 016