A stock trades for $90 has a book value per share of $25, analysts EPS forecast for

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A stock trades for $90 has a book value per share of $25, analysts’ EPS forecast for year 1 is $15. The required return is 13%. What is the speculative value implied by the observed market price?

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Financial Accounting

ISBN: 978-0470507018

7th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Posted Date: Oct 16, 2020 03:45 AM

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A stock trades for $90 has a book value per share of $25, analysts EPS forecast for

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Financial Accounting

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