Problem
Assume the following data for Space Y, a publicly held firm that constructs booster stages for commerical makers of satellite launch rockets. Of Space Y's stock price of $198.46/share how much would be attributed to the firm's growth opportunity? NOTE: Some of the data in the table below is NOT relevant to this problem. Stock price $198.46 Dividend per share $1.25 Number of outstanding shares 335 million Net Income $1.173 Billion Book value per share $43.02 Discount rate 18% Effective Tax Rate 21% EBITDA $725.45 million.