work An investor estimates that next year's sales for Dursley's Hotels, Inc., should amount to about $101 milion. The company has 4.7 million shares outstanding, generates a net profit margin of about 9.5%, and has a payout ratio of 57% All figures are expected to hold for next year. Given this information, compute the following a. Estimated net eamings for next year 1. Next year's dividends per share c. The expected price of the stock (assuming the P/E ratio is 26.7 times camings) d. The expected holding period ratur (latest stock price: $34,55 per share). a. The estimated nut eamings for next year is $ milion (Round to three decimal placus.) iz/Test Enter your answer in the answer box and then click Check Answer Clear All Check Answer 3 parts remaining He ments Investors expect that Amalgamated Aircraft Parts, Ina, wil pay a dividend of $1.99 in the coming year, Investors require a rate of retum of 18.8% on the company's shares, and they expect dividends to grow at 94% per year. Using the vidend valuation model find the intrinsic value of the company's common se The intrinsic value of the company's common shares is $(Round to the nearest cont) mework Quli/Test