Question
Using the information below, calculate the value of Flanigan's Enterprises, Inc. as of the end of 1999 (6 points) 1999 2000 2001 2002 2003 EPS
Using the information below, calculate the value of Flanigan's Enterprises, Inc. as of the end of 1999 (6 points)
1999 2000 2001 2002 2003
EPS ? 0.73 0.80 0.71 0.47
DPS ? 0.11 0.24 0.25 0.27
BPS 3.58 ? ? ? ?
the cost of equity is 9%, EPS is the earning per share, DPS is the dividends per share, and BPS is the book value of equity per share
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown, Sanford J. Leeds
11th Edition
1305262999, 1305262997, 035726164X, 978-1305262997
