Problembills bakery expects earnings per share of 226 next, Ask an Expert

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Bill's Bakery expects earnings per share of $2.26 next year. Current book value is $4 per share. The appropriate discount rate for Bill's Bakery is 14 percent. Calculate the share price for Bill's Bakery if earnings grow at 3.2 percent forever. Please provide all computation and formulas.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91145823

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