What is its market capitalization

Assignment Help Financial Management

Reference no: EM13878229

Suppose that Son of Son of Unkempt Inc. common stock will pay an annual dividend next year of $14.05, has net income of $562 million, is keeping back $178 in retained earnings, has common book value of $9,289 million, has a beta with respect to the market of 0.95 times (where the average yearly market return is 15% and the average yearly risk free rate is 4.5%), what would the common stock be worth on a per share basis? If there are 23 million shares outstanding, what is its market capitalization?

Reference no: EM13878229

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