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Seagle Beauties engages in the development, manufacture, and sale of a line of cosmetics designed...

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Accounting

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Seagle Beauties engages in the development, manufacture, and sale of a line of cosmetics designed to make your dog look glamotous. Below you will find selected information necessary to compute some valuation estimates for the firm. Assume the values provided are from year-end 2019 . Also assume that the firm's equity beta is 1.60, the risk-free rate is 2.75 percent, and the market risk premium is 70 percent. Using the PE, PICF, and P/S ratios, estimate the 2020 share price for Peagle Beduties. (Do not round intermediate calculations. Round your answers to 2 decimal pleces.)

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