You want to buy XYZ public company. The company currently has a dividend of $3.12, but has indicated they will increase the dividend by 3.1% each year. You expect an investment return of 9% How much is this stock worth? You are looking to issue stock in your company. Your company is a private school organization. In order to get an initial price you gathered the PE ratios of five different public companies that do the same thing as you. ABC School with a PE of 7.3, XYZ Better School with a PE Ratio of 8.6, Top Grades with a PE of 9.1, You pay we Grade, with a PE ratio of 7.1, F is the Best, with a PE Ratio of 5.9 and Way above you Means, with a PE ratio of 8.3. If your company is expecting Earnings Per Share (EPS) of $3.43, what should the price if stock be