Jumbo transport, an air-cargo company, expects to have earnings per share of $2.00 in the coming year. it decides to retain 10% of these earnings in order to lease new aircraft. the return on this investment will be 25%. if its equity cost of capital is 11%. what is the expected share price of jumbo transport?

Juanita and sam attend a beach party and notice that the local beach appears to have a great deal more trash washed up on shore than it did when they were young. the water doesn't appear nearly as clear, and there seems to be less evidence of small water creatures living in the shallows. an afternoon at the local library convinces them that one major cause is the new factory nearby. after some discussion, they decide their next step should be identifying the cause of the changes identifying the problem picketing the guilty factory lobbying their elected representatives to complain about the problem talking to a local environmental group about solutions