A., using the infinite period dividend discount model (DDM).· Sales of $1,000,000.· Earnings of $150,000.· Total assets of $800,000.· Equity of $400,000.· Dividend payout ratio of 60.0%.· Average shares outstanding of 75,000.· Real risk free interest rate of 4.0%.· Expected inflation rate of 3.0%.· Expected market return of 13.0%.· Stock Beta at 2.1.The per share value of FishnChips stock is approximately: (Note: Carry calculations out to at least 3 decimal places.)
B.Unable to calculate stock value because ke
C.$17.91.
D.$26.86.