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this should add to question Question 14 1 points Save Answe International Flavors and Fragrances, a leading creator and manufacturer of flavors and fragrances, paid

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Question 14 1 points Save Answe International Flavors and Fragrances, a leading creator and manufacturer of flavors and fragrances, paid out dividends of $0.75 per share on earnings por share of $1.64 in 1992. The firm is expected to have a return on equity of 20% between 1993 and 1907, after which the firm is expected to have stable growth of 6% a year the return on equity is expected to drop to 1576 in the stable growth phase.) The dividend payout ratio is expected to remain at the current level from 1993 to 1997. The stock has a beta of 1.10, which is not expected to change. The cost of equity will be 13.06% throughout. Estimate what percentage of this P/E ratio can be ascribed to the extraordinary growth in earnings that the firm expects to have between 1903 and 1997 12.68% 14.52% 11.39% 95.00% Moving to another question will save this response Question 1 of 14 Question 1 1 points Saved International Flavors and graces a leading record arutacher of Ravors and graces padou r ds of $0.75 per share on earings per share of $1.04 in 1992The firm is expected to have a return on equity of 20% between 1903 and 1907, aber which the form is espected to have a growth of a year the return on is expected to drop to 10 in the stable growth phase. The dividend payout rahospected to remanal the current level from 1993 to 1937. The stock has a bea of 1.10 which is not expected to change. The cost of equity will be 13.05 toughout Estimate the Pr o for International Flavors, based upon fundamentals 10.54 8.99 041 Question 14 1 points Save Answe International Flavors and Fragrances, a leading creator and manufacturer of flavors and fragrances, paid out dividends of $0.75 per share on earnings por share of $1.64 in 1992. The firm is expected to have a return on equity of 20% between 1993 and 1907, after which the firm is expected to have stable growth of 6% a year the return on equity is expected to drop to 1576 in the stable growth phase.) The dividend payout ratio is expected to remain at the current level from 1993 to 1997. The stock has a beta of 1.10, which is not expected to change. The cost of equity will be 13.06% throughout. Estimate what percentage of this P/E ratio can be ascribed to the extraordinary growth in earnings that the firm expects to have between 1903 and 1997 12.68% 14.52% 11.39% 95.00% Moving to another question will save this response Question 1 of 14 Question 1 1 points Saved International Flavors and graces a leading record arutacher of Ravors and graces padou r ds of $0.75 per share on earings per share of $1.04 in 1992The firm is expected to have a return on equity of 20% between 1903 and 1907, aber which the form is espected to have a growth of a year the return on is expected to drop to 10 in the stable growth phase. The dividend payout rahospected to remanal the current level from 1993 to 1937. The stock has a bea of 1.10 which is not expected to change. The cost of equity will be 13.05 toughout Estimate the Pr o for International Flavors, based upon fundamentals 10.54 8.99 041

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