Ball Corporation (BLL) $87.23 -$1.10 (-1.25%) Previous Close $88.33 Open $86.90 Bid $87.37 x 800 Ask $87.16 x 800 Market Cap $28.2 BN Earnings per Share (EPS) $2.43 Forward Dividend and Yield $.80 (2.25%) (this is the full annual dividend) 7. Assume that Ball has 323mm shares outstanding. Ball plans to spend $258mm on dividends and $300mm on share buybacks this year. Assuming they plan to grow both the dividends and buybacks by 2% a year and Ball has a 5% cost of equity, what is the value of a share of Ball’s stock according to the Total Payout Model? Choose the closest. a. $57.58 b. $87.23 c. $128.65 d. $162.44

Ball Corporation (BLL) $87.23 -$1.10 (-1.25%) Previous Close $88.33 Open $86.90 Bid $87.37 x 800 Ask $87.16 x 800 Market Cap $28.2 BN Earnings per Share (EPS) $2.43 Forward Dividend and Yield $.80 (2.25%) (this is the full annual dividend) 7. Assume that Ball has 323mm shares outstanding. Ball plans to spend $258mm on dividends and $300mm on share buybacks this year. Assuming they plan to grow both the dividends and buybacks by 2% a year and Ball has a 5% cost of equity, what is the value of a share of Ball’s stock according to the Total Payout Model? Choose the closest. a. $57.58 b. $87.23 c. $128.65 d. $162.44

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter10: Stockholder's Equity

Section: Chapter Questions

Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...

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