Nunavut Beach Resort has a net income of $330,000 on sales of $2,200,000.The firm has total assets of $1,600,000, a book value of shareholders equity of $1,200,000, and a dividend payout ratio of 65%.What is the current market value of their common shares if the required return is 21%?

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The Answer of Nunavut Beach Resort has a net income of $330,000 on sales of $2,200,000.The firm has total assets of $1,600,000, a book value of shareholders equity of $1,200,000, and a dividend payout ratio of 65%.What is the current market value of their common shares if the required return is 21%?

Nunavut Beach Resort Has a Net Income of $330,000 on Sales