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An analyst has gathered the following information about Sydney Inc. (amount in millions of dollars):...

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Accounting

An analyst has gathered the following information about Sydney Inc. (amount in millions of dollars):

2021A 2022F 2023F 2024F
Closing Equity ($m) 8,780 8,985 9,995 10,210
Net Profit 1,120 1,230 1,287

1,340

Assume that cost of equity of Sydney Inc. is 10.25%, and the long-term growth rate of abnormal earnings is 5.2%. The company has 3000 (million) shares outstanding and current market price of the stock of the company is 3.90 per share. Based on the above information, calculate and complete the required information in the following table.

2021A

2022F

2023F

2024F

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