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six homework 1 5 . 1 6 . o 1 7 . The following table gives Foust Company's earnings per share for the last 1

six homework
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o
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The following table gives Foust Company's earnings per share for the last 10 years. The common stock, 7.9 million shares outstanding, is now (1/1/22) selling for $53.00 per share.
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c
expected dividend at the end of the current year (1231?22) is 40% of the 2021 EPS. Because investors expect past trends to continue, g may be based on the historical earnings gr
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rate. (Note that 9 years of growth are reflected in the 10 years of data.)
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\table[[Year,EPS,,Year,EPS],[2012,$3.90,,2017,$5.73
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