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The hacker gathers information on Hydra, a scam company headquartered in North Korea. He estimates a required return of 15% for Hydra and forecasts growth

The hacker gathers information on Hydra, a scam company headquartered in North Korea. He estimates a required return of 15% for Hydra and forecasts growth in dividends of 6% into perpetuity. Dividends per share were 2.75 in 2024 with an EPS of 5.64 and the hacker predicts a dividend of 2.91 and EPS of 6.00 for 2025. What is Hydra's justified forward P/E based on the Gordon growth dividend discount model?

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