11) during the past few years, swanson company has retained, on the average, 70 percent of its earnings in the business. the future retention rate is expected to remain at 70 percent of earnings, and long-run earnings growth is expected to be 10 percent. if the risk-free rate, krf, is 8 percent, the expected return on the market, km, is 12 percent, swansonâs beta is 2.0, and the most recent dividend, d0, was $1.50, what is the most likely market price and p/e ratio (p0/e1) for swansonâs stock today?

client registration system, resource management system, clinical management system, patient information database, common use-system interface

explanation:

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.