Question
The current book value per share of B.L. Black & Sons is $5.35 and the required return on the stock is 15.5 percent. Last month
The current book value per share of B.L. Black & Sons is $5.35 and the required return on the stock is 15.5 percent. Last month the firm reported EPS of $2.153 and expects an annual earnings growth of 4.5 percent.
a) What are the expected earnings per share?
b) What is the current market value of this stock?
c) What is the implied P/E?
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The Routledge Handbook Of Responsible Investment
Authors: Tessa Hebb, James Hawley, Andreas Hoepner, Agnes Neher, David Wood
1st Edition
0415624517, 978-0415624510
