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The following gives AA's earnings per share and dividends per share for the years 2000 to 2002. YEAR 1999 2000 2001 2002 EPS 2 2.4

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The following gives AA's earnings per share and dividends per share for the years 2000 to 2002. YEAR 1999 2000 2001 2002 EPS 2 2.4 2.6 DPS 0.8 1 1.16 BPS 10 Suppose these numbers were given to you at the end of 1999, as forecasts when the book value per share was10, as indicated. Use a required return of 10% for calculations below

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