7 Trend-Line Inc. has been growing at a rate of 5% per year and is expected to continue to do so indefinitely. The next
Posted: Sat Nov 27, 2021 5:24 pm
7 Trend-Line Inc. has been growing at a rate of 5% per year and is expected to continue to do so indefinitely. The next dividend is expected to be $8 per share. a. If the market expects a 15% rate of return on Trend-Line, ot what price must it be seling? (Do not round intermediate calculations.) 10 points Current selling price Skipped eBook Print References b. If Trend-Line's earnings per share will be $9 next year, what part of its value is due to assets in place? (Do not round intermediate calculations.) Trend-Line's value c. If Trend-Line's earnings per share will be $9 next year, what part of its value is due to growth opportunities? (Do not round Intermediate calculations.) Trend-Line's value