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
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
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%
Total Payout Model? Choose the closest.
a. $57.58
b. $87.23
c. $128.65
d. $162.44
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