1. What type of companies usually host ICOs (initial coin offering) ?
2. Suppose a firm is projected to have $2.32 in annual earnings per share next year, and similar firms have a P/E ratio of 22. Find the value of one share of the firm. Please show work.
3. Swanson Company’s long-run constant dividend growth is expected to be 10%. If the required return (rs) for Swanson is 15%, and the most recent dividend paid (D0) was $2.00, what is the most likely stock price one year from now?