Oman Holdings (OHI) is a distributor of a variety of products. The company's current earnings...

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Oman Holdings (OHI) is a distributor of a variety of products. The company's current earnings per share is 3.690 Rials and current book value per share is 15.760 Rials. EPS is forecasted to be 5.110 rials and 6.953 rials in the next two years. The company pays 60% of earnings as dividends and plans to continue with this policy in future as well Long term growth rate of residual earning is expected to be 6.5% and discount rate is 10%. 1. Calculate continuing value 2. Calculate today's value per share using residual earnings model

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