F．or the year just ended，N company had an earnings of$2 per share and paid a dividend of $1．2 0n its Stock．The growth rate in net income and dividend are both expected to be a constant 7 percent per year,indefinitely．N company has a Beta of 0．8，the risk-free interest rate is 6 percent，and the market risk premium is 8 percent．

P Company is very similar to N company in growth rate，risk and dividend payout rati0．It had 20 million shares outstanding and an earnings of$36 million for the year just ended．

The earnings will increase to$38．5 million the next year．

Requirement：

A．Calculate the expected rate of return on N company’S equity．

B．Calculate N Company’S current price—eaming ratio and prospective price-earning rati0．

C．Using N company’S current price-earning rati0，value P company’S stock price．

D．Using N company’S prospective price-earning rati0，value P company’S stock price．

[单选题]For the year ended 31 December 2009, Dim Cool Utility Company had net incom

[单选题]For the year ended 31 December 2009, an analyst noted that a profitable com

[单选题]At the beginning of the year, a company had total shareholders' equity cons

[单选题]At the beginning of the year, a company had total shareholders' equity cons

[单选题]A company had the following changes in its stock:·The company had 2 million

[单选题]I had just started back for the house to 选择Ihadjuststartedbackforthehousetochangemyclothes___________Iheardvoices.A．)asB)whenC)afterD)while

By the end of next year, I _ for the company for 10 years .A. workB. am workingC

The company ordered that the machine parts _ twice every year .A. is checkedB. s

[单选题]B．urt: I just had an interview yesterday.Raelene: __________B．urt: I think I did well.A． Oh, it was alright,B． Well, so what?C． Oh , how did it go?D． Well , wish you good luck.

[单选题]Luxury Inc.'s financial statements for the year ended December 31, 2009 inc