Using the information in the table above for company Fintech Industrials, answer the following

questions:

a$)$ DDM: Earnings and dividends will grow at $32\%$ for two years and $13\%$ thereafter. Calculate the

value of a share of Fintech Industrials stock by using a two$-$stage dividend discount model and

data from the above financials.

b$)$ FCFE Model: FCFE is expected to grow at $27\%$ for two years and $13\%$ thereafter. Capital

Expenditures, depreciation, and working capital are all expected to increase proportionately

with FCFE. Calculate the amount of FCFE per share for year$=2023$ using data from above.

Calculate the current value of a share of Fintech Industrials stock based on the two$-$stage FCFE

model.

c$)$ Constant$-$Dividend$-$Growth Price$-$Earnings P$/$E ratio model: Earnings and Dividends will grow at a

constant rate of $13\%.$ Calculate the $\frac{P}{E}$ ratio based on information above.