The average industry P/E ratio for IT companies is 27, what is a price of ABC share,

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The average industry P/E ratio for IT companies is 27, what is a price of ABC share, if the expected dividend is 1.15 per share?

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Financial Markets And Institutions

ISBN: 9781292215006

9th Global Edition

Authors: Stanley Eakins Frederic Mishkin

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Question Posted: Oct 16, 2023 10:06 AM

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The average industry P/E ratio for IT companies is 27, what is a price of ABC share,

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The price of a share in a company can be estimated using the PricetoEarnings PE ratio and the expec...View the full answer

Financial Markets And Institutions

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