For the past 15 years, the P/E ratio of North/South Travel has been between 28 and 30.

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For the past 15 years, the P/E ratio of North/South Travel has been between 28 and 30. If North/South’s earnings per share equal $4, in what price range would you estimate its stock should be selling?

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CFIN

ISBN: 978-1305666870

5th edition

Authors: Scott Besley, Eugene Brigham

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Question Posted: Jan 31, 2020 11:31 AM

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For the past 15 years, the P/E ratio of North/South Travel has been between 28 and 30.

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