QUESTIONS 12 points SVE The Kleenex Co. 0 traded at $43 per share at the close of trading on September 25, 2021. Coke ha

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Questions 12 Points Sve The Kleenex Co 0 Traded At 43 Per Share At The Close Of Trading On September 25 2021 Coke Ha 1 (22.52 KiB) Viewed 62 times

QUESTIONS 12 points SVE The Kleenex Co. 0 traded at $43 per share at the close of trading on September 25, 2021. Coke had reported earnings per share (eps) of $1.23 for the year ending December 31, 2020, along with an annual dividend per share (dps of 0.88. Analysts were estimating consensus eps of $1.90 for 2021 and $2.06 for 2022 and dividends of 50.90 each year. Use a cost of equity capital of 9% in calculations a. Calculate the forward traded P/E ratio What is the normal forward P/E for this stock? b. Calculate the trailing Pe. What is the normal trailing P/E for this stock? Why is the trailing PE so much higher than the forward Pre? c. The analysts forecasts indicate a growth rate for eps of 8.42% in 2022. What is the 2022 cum dividend growth rate implied by the forecasts, and what is the abnormal earnings growth d. Calculate the forecasts of ens for 2023 and 2024 that are implicit in the market price of $43. e. Calculate the forecasted cum dividend eps growth rates for 2023 and 2024. CAIDAITEIN+F10 Mach