ir 5. Suppose that P & G reported the following forecasted three years financial data. The cost of capital of the company is 8%. 2020 Projected Year Sales NOPAT NOA ROPI Residual income (RI) $65.299 10072 70,391 2021 1 $66.616 11.459 72.996 2022 2 $69,989 11,688 174,455 2023 3 $70,689 11,805 75,200 Reguired? (a) Determine the value per share of P&Oumpany, if the last forecasted Residual income grows at a constant growth rate of 24 Dr indefinite period. (b) What is the value per share of P&G Company, if the last forecasted Residual income ir 5. Suppose that P & G reported the following forecasted three years financial data. The cost of capital of the company is 8%. 2020 Projected Year Sales NOPAT NOA ROPI Residual income (RI) $65.299 10072 70,391 2021 1 $66.616 11.459 72.996 2022 2 $69,989 11,688 174,455 2023 3 $70,689 11,805 75,200 Reguired? (a) Determine the value per share of P&Oumpany, if the last forecasted Residual income grows at a constant growth rate of 24 Dr indefinite period. (b) What is the value per share of P&G Company, if the last forecasted Residual income