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The following shows some financial data in euros for Linde Ple, listed on the NYSE. The European Company supplies gases including hydrogen, the demand for

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The following shows some financial data in euros for Linde Ple, listed on the NYSE. The European Company supplies gases including hydrogen, the demand for which is rising in the green revolution. Name Price Change High Low Div. Yld. P/E (p) Linde 209.10 +2.15 226.40 130.45 1.67% 44.1 (a) Use the High and Low values of the Price in the last year to comment on the volatility of Linde's share price. [1] (b) Calculate estimates of the following data: 141 Data Current EPS No of years it takes for earnings to cover the price paid. The current annual dividend, DPS. Coverage of the DPS by the EPS. (c) Calculate the Intrinsic Value of the Share Price as the Sum of the Present Values of all future Earnings assuming no growth when the required rate of return is 15%. [2] (d) What is the difference between the observed Market Price and the Intrinsic Value of the share Price assuming no growth and comment on what it represents? [3]

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