WWW Company currently (t=0) earns $3 per share, and has a payout of 30 percent. Dividends are expected to grow at a constant rate of 5 percent per year. The required rate of return is 10 percent. The price of this stock would be estimated at \$_. (Please use or round to 2 decimal places, if your answer is $12.3491, enter 12.35; if your answer is $12, enter 12.00 ) Your Answer: Answer Seaside Toys currently earns $2.00 per share and currently pays $1.00 per share in dividends. It is expected to have a constant growth rate of 5 percent per year. The required rate of return is 12 percent. What is the intrinsic value of this stock? (please use or round to 2 decimal places, for example, if your answer is $12.239, enter 12.24, if your answer is $12, enter 12.00 ) Your Answer: Answer What is the estimated value of a stock with a required rate of return of 9 percent, a projected constant growth rate of dividends of 4 percent and expected dividend of $1.5 ? (please use 2 decimal places, for example, if your answer is $12.345, enter 12.35; if your answer is $10, enter 10.00 ) A firm has net income of $1 million with 250,000 shares outstanding with a total market value of $17 million. What is its P/E ratio? (Please use or round to 2 decimal places, for example, if your answer is 3.1, enter 3.10, if your answer is 8.0879, enter 8.09 ) Your