Bills bakery expects earnings per share of 306 next year


Bill's Bakery expects earnings per share of $3.06 next year. Current book value is $5 per share. The appropriate discount rate for Bill's Bakery is 12 percent. Calculate the share price for Bill's Bakery if earnings grow at 3.3 percent forever.

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Finance Basics: Bills bakery expects earnings per share of 306 next year
Reference No:- TGS0624926

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