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The following information is available for a company, Colin Clark Ltd. Beta=0.9 Market Risk Premium (MRP) = 9% Risk free rate = 1.9% Weighted average

The following information is available for a company, Colin Clark Ltd. Beta=0.9 Market Risk Premium (MRP) = 9% Risk free rate = 1.9% Weighted average cost of capital (WACC)=9% Terminal growth rate = 5% Common stockholders' equity at the beginning of FY2023 = $ 720m Stock price at the beginning of FY2023 = $ 42 Number of shares outstanding 80m You have also obtained the following analyst consensus forecasts (in cents) for dividends and earnings for Colin Clark Ltd. FY2023 FY2024 DPS EPS 220 242 420 473 D Assuming the company will achieve the steady state after FY2024, answer the following questions.. Round-off your answers up to one place of decimal (For example, 1.56 should be rounded off as 1.6;1.55 should be rounded off as 1.6; 1.54 should be rounded off as 1.5; 10% should be written as 0.1). Do not use dollar sign (S), comma (), or percentage (%) in your answers. A. What is the cost of equity for Colin Clark Ltd from CAPM? B. What is the price-to-book (P/B) ratio for Colin Clark Ltd at the beginning of FY2023? C. What is the value per share (in dollars) of Colin Clark Ltd from the Dividend Discount Model (DDM)? D. What is the value per share (in dollars) of Colin Clark Ltd from the Residual Income Model (RIM)

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