Currently, a firm has an EPS of $4.99and a benchmark PE of 22.05. Earnings are expected to
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Currently, a firm has an EPS of $4.99and a benchmark PE of 22.05. Earnings are expected to grow by 3.8 percent annually. What is the estimated current stock price?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Related Book For
Contemporary Financial Management
ISBN: 9780324289114
10th Edition
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
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