Graham​ & Sons wishes to evaluate a proposed merger into the RCN Group. Graham had 2019 earnings of $300,000​, has 100,000 shares of common stock​ outstanding, and expects earnings to grow at an annual rate of 7​%. RCN had 2019 earnings of ​$900,000​, has 200,000 shares of common stock​ outstanding, and expects its earnings to grow at 5​% per year.   a. Calculate the expected earnings per share​ (EPS) for Graham​ & Sons for each of the next 5 years ​(2020​-2024​) without the merger.   b. What would​ Graham's stockholders earn in each of the next 5 years ​(2020​-2024​) on each of their Graham shares swapped for RCN shares at a ratio of 0.8 share of RCN for 1 share of​ Graham?     a. The expected EPS for Graham​ & Sons for year 2020 without the merger is $ ? ​(Round to the nearest​ cent.)

AFW Industries has 211 million shares outstanding and expects earnings at the end of this year of $652 million. AFW plans to pay out 58% of its earnings in total, paying 30% as a dividend and using 28% to repurchase shares If AFW's earnings are expected to grow by 8.3% per year and these payout rates remain constant, determine AFW's share price assuming an equity cost of capital of 11.2% The price per share will be $ (Round to the nearest cent.)

L. Sanders Manufacturing paid a dividend last year of $5 per share. The dividend is expected to grow at a constant rate of 8% per year. The price of L. Sanders Manufacturing's stock today is $29 per share. If L. Sandaers Manufacturing decides to issue new common stock, flotation costs will equal $2.50 per share. Based on the above information, the cost of new common stock is OA. 28.38%. OB. 31.40%. OC. 26.62%. OD. 24.12%. OE. None of the above.

The Giant Machinery has the current capital structure of 65% equity and 35% debt. Its net income inthe current year is $250,000. The company is planning to launch a project that will require aninvestment of $175,000 next year. Currently, the share of Giant machinery is $25/share.Required:a) How much dividend Giant Machinery can pay its shareholders this year and what is the dividendpayout ratio of the company? Assume the Residual Dividend Payout Policy applies. b) If the company is paying a dividend of $2.50/share and tomorrow the stock will go ex-dividend.Calculate the ex-dividend price tomorrow morning. Assuming the tax on dividend is 15%. c) Little Equipment for Hire is a subsidiary in the Giant Machinery and currently under the liquidationplan due to the severe contraction of operation due to coronavirus. The company plans to paya total dividend of $2.5 million now and $ 7.5 million one year from now as a liquidating dividend.The required rate of return for shareholders is 12%.…