Question: BBQ Co.'s EPS for the current year is $2.75 and its current P/E ratio is 25. You have forecasted that EPS will grow by 10%

BBQ Co.'s EPS for the current year is $2.75 and its current P/E ratio is 25. You have forecasted that EPS will grow by 10% but the P/E ratio will fall to 18. What do you expect the price of a share of BBQ Co.'s stock to be at the end of next year?

		$42.75
		$34.65
		$54.45
		$28.13

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