Suppose Microsoft, Inc., reports earnings per share of around $0.75. If Microsoft is in an industry with
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Suppose Microsoft, Inc., reports earnings per share of around $0.75. If Microsoft is in an industry with a PE ratio ranging from 30 to 40, what is a reasonable price range for Microsoft?
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Financial Markets and Institutions
ISBN: 978-0133423624
8th edition
Authors: Frederic S. Mishkin, Stanley G. Eakins
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