You have found the following historical information for the Daniela Company Earnings are expected to grow at
Question:
You have found the following historical information for the Daniela Company
Earnings are expected to grow at 11 percent for the next year. Using the company’s historical average PE as a benchmark, what is the target stock price in oneyear?
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Year1 Year 2 Year3 Year 4 Stock price $49.50 $58.12 $67.34 $60.25 2.40 2.58 2.72.85 EPS
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Related Book For
Fundamentals of corporate finance
ISBN: 978-0078034633
10th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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