Billrsquos bakery has current earnings per share of 298
Bill’s Bakery has current earnings per share of $2.98. Current book value is $4.9 per share. The appropriate discount rate for Bill’s Bakery is 11 percent. Calculate the share price for Bill’s Bakery if earnings grow at 3.8 percent forever.
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billrsquos bakery has current earnings per share of 298 current book value is 49 per share the appropriate discount
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