Calculate the share price for panera bread using the, Financial Management

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Calculate the share price for panera bread using the

Residual IncomeModel

Panera Bread expects earnings per share of $2.56 next year. The current book value is $4.70 per share. The required rate of return is 11% and earnings are expected to grow at a rate of 3 percent indefinitely. Given this information calculate the share price for Panera Bread using the Residual Income Model.

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Financial Management: Calculate the share price for panera bread using the

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Financial Management: Calculate the share price for panera bread using the

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