Given the information below for Seger Corporation, compute the expected share price at the end of 2022 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2022. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Year 2016 2017 2018 2019 2020 2021 Price $ 94.50 $ 100.40 $ 99.10 $ 97.90 $ 121.50 $ 136.80 EPS 4.34 5.05 5.22 6.06 7.00 8.00 CFPS 7.27 8.24 8.71 10.12 11.80 13.10 SPS 52.60 58.52 57.90 60.69 71.60 78.70

Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
10th Edition
ISBN:9781337902571
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter8: Risk And Rates Of Return
Section: Chapter Questions
Problem 22SP
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Given the information below for Seger Corporation, compute the expected share price at the end of
2022 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain
the same for 2022. Note: Do not round intermediate calculations. Round your answers to 2 decimal
places. Year 2016 2017 2018 2019 2020 2021 Price $ 94.50 $ 100.40 $ 99.10 $ 97.90 $ 121.50 $
136.80 EPS 4.34 5.05 5.22 6.06 7.00 8.00 CFPS 7.27 8.24 8.71 10.12 11.80 13.10 SPS
52.60 58.52 57.90 60.69 71.60 78.70
Transcribed Image Text:Given the information below for Seger Corporation, compute the expected share price at the end of 2022 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2022. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Year 2016 2017 2018 2019 2020 2021 Price $ 94.50 $ 100.40 $ 99.10 $ 97.90 $ 121.50 $ 136.80 EPS 4.34 5.05 5.22 6.06 7.00 8.00 CFPS 7.27 8.24 8.71 10.12 11.80 13.10 SPS 52.60 58.52 57.90 60.69 71.60 78.70
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