Because of several intrinsic and market factors, Dodier feels that 25% is a viable figure to use for a desired rate of return. a. Using the 25% rate of return and the forecasted figures you came up...

Because of several intrinsic and market factors, Dodier feels that 25% is a viable figure to use for a desired rate of return.

a. Using the 25% rate of return and the forecasted figures you came up with in question 1, compute the share’s justified price.

b. If C&I is currently trading at $32.50 per share, should Dodier consider the share a worthwhile investment candidate? Explain.