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Use the above information about Bank of America Corporation to answer the following questions: Using forward dividend and 1 year target estimate, calculate the value

Use the above information about Bank of America Corporation to answer the following questions:

Using forward dividend and 1 year target estimate, calculate the value of BAC Stock if the required rate of return is 10%. Should you buy the stock? image text in transcribed

26.51 +0.02 (+0,08%) At close: November 10 4:00PM EST Summary Chart GEW Conversations Statistics Profile Financials Options Holders Historical Data Analysts 26.49 Market Cap 276.515 D 5D 1M 6M YTD 1Y 5Y Max Full screen Previous Close Open Bid 26.80 26.59 0.00 x0 0.00 x0 Beta PE Ratio (TTM) EPS (TTM) 1.73 15.17 1.75 26.667 Ask Jan 11, 2018 26.52 26.49 Day's Range 26.46 26.74 Earnings Date Jan 15, 2018 0.48 (1.81%) 2017-11-30 28.19 26.40 52 Week Range 9.40-27.98Forward Dividend & Yield Volume nd Date 10 AM 12 PM 2 PM 4 PM Avg. Volume 64,373,560 y Target Est

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