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SHOW ALL WORK NO FINANCIAL CALCULATOR TO GET RATING For Oracle Corporation (ORCL), based on the annual financial statements for the most recent fiscal year,

image text in transcribedSHOW ALL WORK NO FINANCIAL CALCULATOR TO GET RATING

For Oracle Corporation (ORCL), based on the annual financial statements for the most recent fiscal year, the net income was $10.2 billion. The firm has a total shareholders' equity of $15.7 billion. The firm's earnings retention ratio is 0.07. The firm's stock price increased by 9.2% over the past one year. What is the PE Ratio (Po/Ei) by the constant-growth Dividend Discount Model (DDM) estimation? [hint: take the stock historical return as the required rate of return; use net incomel total shareholders' equity as ROE]

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