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CD Bargain Barn is forecasting earnings per share of $3.30 next year. Its investors require...

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Finance

CD Bargain Barn is forecasting earnings per share of $3.30 next year. Its investors require a return of 15.5%.

a. What is the no-growth value of CDs stock? (Round your answer to 3 decimal places.)

b. If the stocks price is currently $29, what is the present value of growth opportunities (PVGO)? (Round your answer to 3 decimal places.)

c. What is the implied P/E ratio for CDs stock? (Round your answer to 2 decimal places.)

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