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You have looked at the current financial statements for J&R Homes, Company. The company has an EBIT of $ 2 , 9 3 0 ,
You have looked at the current financial statements for J&R Homes, Company. The company has an EBIT of $ this year. Depreciation, the increase in net working capital, and capital spending were $ $ and $ respectively. You expect that over the next five years, EBIT will grow at percent per year, depreciation and capital spending will grow at percent per year, and NWC will grow at percent per year. The company has $ in debt and shares outstanding. You believe that sales in five years will be $ and the pricesales ratio will be The companys WACC is percent and the tax rate is percent. What is the price per share of the company's stock? Do not round intermediate calculations and round your answer to decimal places, eg You have looked at the current financial statements for J&R Homes, Company. The
company has an EBIT of $ this year. Depreciation, the increase in net working
capital, and capital spending were $$ and $ respectively. You
expect that over the next five years, EBIT will grow at percent per year, depreciation
and capital spending will grow at percent per year, and NWC will grow at percent
per year. The company has $ in debt and shares outstanding. You
believe that sales in five years will be $ and the pricesales ratio will be
The company's WACC is percent and the tax rate is percent. What is the price per
share of the company's stock? Do not round Intermedlate calculations and round your
answer to decimal places, eg
Share price
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