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Suppose we have a 5 year horizon. We find that the shareholder's equity projection for Year +6 is $2,213.88 The comprehensive income projection for Year

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Suppose we have a 5 year horizon. We find that the shareholder's equity projection for Year +6 is $2,213.88 The comprehensive income projection for Year +5 is $1,044.77 The cost of common equity is 7.4%. The long run growth rate is 3.5%. The firm has 525 shares of stock available. What is the Present value of contifinuing value in Year +6 and beyond? A. $16,463.60 B. $19,193.62 C. $26,017.29 D. $32,774.32

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