In early 2015, Coke was trading at $41. Based on TTM (trailing 12month) earnings, the P/E
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In early 2015, Coke was trading at $41.
◨ Based on TTM (trailing 12‐month) earnings, the P/E was 25.7
◨ Based on expected earnings for 2016, the P/E was 19.3
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Heres a breakdown of what it means TTM PE of 257 This means that at the time ...View the full answer
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Related Book For
Investments Analysis And Management
ISBN: 9781118975589
13th Edition
Authors: Charles P. Jones, Gerald R. Jensen
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