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The following tabulation gives earings per share figures for the Foust Company durining the preceeding 10 years. The firm's common stock, 7.8 million shares outstanding, is now (1/1/03) selling for $65 per share, and the expected dividend ar the end of the current year (2003) is 55 percent of the 2002 EPS. Because investors expect past trends to continue, g may be based on teh earnings growth rate. ( note that 9 years of growth are reflected in the data). Either your instructor should've provided like examples, or they should be in your text book or reference website, or there isn't really any teaching going on here. If you can't find out how to do this please consult with a classmate or the teacher for help |
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