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Y Inc. reports the following: 2019 Earnings per share (actual): $3.60 2020 Earnings per share (estimated) $4.00 2019 dividends per share (actual): $0.904 Book value
Y Inc. reports the following: 2019 Earnings per share (actual): $3.60 2020 Earnings per share (estimated) $4.00 2019 dividends per share (actual): $0.904 Book value per share (actual 12/31/2019): $17.244 Required: a. Assuming price to book ratio at the end of 2019 equals 1.0, and assuming return on beginning of year equity remains constant, What is the cost of equity for SpaceX?! b1. Independently of the question above, assuming on 1/1/20 the stock of SpaceX is trading at a backwards-looking PE of 17.5, what is the price of a share of SpaceX on 1/1/20? b2. What is the price to book ratio for SpaceX?) c1. Independently of the questions above, assuming on 1/1/20 the stock of SpaceX is trading at a forward-looking PE of 17.5, What is the price of a share of SpaceX on 1/1/20?) c2. What is the price to book ratio for SpaceX?4 [Type your answer here or write it on a separate page] Y Inc. reports the following: 2019 Earnings per share (actual): $3.60 2020 Earnings per share (estimated) $4.00 2019 dividends per share (actual): $0.904 Book value per share (actual 12/31/2019): $17.244 Required: a. Assuming price to book ratio at the end of 2019 equals 1.0, and assuming return on beginning of year equity remains constant, What is the cost of equity for SpaceX?! b1. Independently of the question above, assuming on 1/1/20 the stock of SpaceX is trading at a backwards-looking PE of 17.5, what is the price of a share of SpaceX on 1/1/20? b2. What is the price to book ratio for SpaceX?) c1. Independently of the questions above, assuming on 1/1/20 the stock of SpaceX is trading at a forward-looking PE of 17.5, What is the price of a share of SpaceX on 1/1/20?) c2. What is the price to book ratio for SpaceX?4 [Type your answer here or write it on a separate page]
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