CD Bargain Barn is forecasting earnings per share of 3.10 next year. Its investors require a return of 16.5%
A. What is the no-growth value of the CD's stock? (Round 3 decimal places)
B. If the stock's price is currently 35, what is the PVGO? (Round 3 decimal places)
C. What is the implied P/E ratio for the CD's stock? (Round 2 decimal places)