Question: In your responses, please type (A) and (B) to differentiate the parts of your answers. (A) General Electric currently has a stock beta of about

 In your responses, please type (A) and (B) to differentiate the

In your responses, please type (A) and (B) to differentiate the parts of your answers. (A) General Electric currently has a stock beta of about 1.15 and an annual growth rate of earnings per share of 10%. If the current stock price is $15 what is your best guess about the price in two years? (4 pts) (B) "Growth stocks generally sell at high multiples. They are a better buy because expected growth rates of earnings are higher." Discuss (2 pts)

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