You are trying to valve Commerzbank, a small privately owned bark for an IPO, and are using the information that you have on SunCima Banka publicly traded hank for your deve is fairly valued by the market, given its fundamentals You have the following information on the two banke Commerzbank Sun Ciams Bank Net Income fin milions) $80 Book Value of Equity in millions) $300 $1,000 Price Book Value NA 125 Assuming that both banks are in stable growth growing 2% a year, and have the same cost of equity estimate a fair value for the equity of Commerzbank Hint based on SunClaims bank's ratios, use the stable growth P/B ratio formula to solve the cost of equity, then apply to the Commerzbank to find the far value) 5120 You are trying to valve Commerzbank, a small privately owned bark for an IPO, and are using the information that you have on SunCima Banka publicly traded hank for your deve is fairly valued by the market, given its fundamentals You have the following information on the two banke Commerzbank Sun Ciams Bank Net Income fin milions) $80 Book Value of Equity in millions) $300 $1,000 Price Book Value NA 125 Assuming that both banks are in stable growth growing 2% a year, and have the same cost of equity estimate a fair value for the equity of Commerzbank Hint based on SunClaims bank's ratios, use the stable growth P/B ratio formula to solve the cost of equity, then apply to the Commerzbank to find the far value) 5120