Saturday
August 30, 2014

Homework Help: Finance

Posted by Paul on Monday, March 10, 2014 at 7:24pm.

Sully Corp. currently has an EPS of $2.35, and the benchmark PE ratio for the company is 21. Earnings are expected to grow at 7 percent per year.

Requirement 1:
What is your estimate of the current stock price? (Do not round intermediate calculations.

Stock price $

Requirement 2:
What is the target stock price in one year? (Do not round intermediate calculations.

Stock price in one year $

Requirement 3:
Assuming that the company pays no dividends, what is the implied return on the company's stock over the next year? (Do not round intermediate calculations.

Implied return %

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Finance - Arena Distributors is a new company and currently pays no dividends. ...
finance - The Blinkelman Corporation has just announced that it plans to ...
Finance - Piedmont Enterprises currently pays a dividend (D0) of $1 per share. ...
finance - The Blinkelman Corporation has just announced that it plans to ...
investing - new millenium company's stock sells at a P/E ratio of 21 times ...
Finance - Colgate-Palmolive Company has just paid an annual dividend of $0.85. ...
Finance - Teddy Company paid a $3.50 dividend this year (D0 = $3.50). Next year ...
Finance - The Seneca Maintenance Company currently (that is, as of year 0) pays ...
Finance - Th e Seneca Maintenance Company currently (that is, as of year 0) pays...
Finance - The Frenall Company just paid a common stock dividend of $4.00 per ...

Search
Members