The current book value per share of B.L. Black & Sons is $5.35 and the required return on the stock is 15.5 percent. The firm expects earnings per share of $2.25 next year with annual earnings growth of 4.5 percent. What is the current market value of this stock?
A)$9.16
B)$10.91
C)$13.88
D)$18.27
E)$20.30

Question

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The Answer of The current book value per share of B.L. Black & Sons is $5.35 and the required return on the stock is 15.5 percent. The firm expects earnings per share of $2.25 next year with annual earnings growth of 4.5 percent. What is the current market value of this stock?
A)$9.16
B)$10.91
C)$13.88
D)$18.27
E)$20.30

The Current Book Value Per Share of B