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suppose company c will repurchase $72 B of stock in the coming year and is expected to pay dividends totaling $14B. Assume that the value

suppose company c will repurchase $72 B of stock in the coming year and is expected to pay dividends totaling $14B. Assume that the value of the company's stock repurchases are expected to grow 10% per year for the next four years and by 4% per year long-term, and that the value of dividend payments is expected to remain constant. If the company's cost of equity finance is 9.5%: (a) What would be your estimate of the value of the companys outstanding equity? (b) if the company has 15B shares outstanding, what would be your estimate of the company's stock price?

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