Question: Problem 6-21 Price Ratio Analysis (L04, CFA4) 11 Given the information below for Seger Corporation, compute the expected shore price at the end of 2020
Problem 6-21 Price Ratio Analysis (L04, CFA4) 11 Given the information below for Seger Corporation, compute the expected shore price at the end of 2020 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2020. (Do not round Intermediate calculations. Round your answers to 2 decimal places.) 2015 2016 2017 2012 2019 Price $58.10 $ 64.00 $ 62.70 $ 60.20 $81.70 $ 97.10 4.54 5.25 6.05 6.75 7.60 3.60 CITS 7.97 8.72 9.07 10.72 12.16 13.34 28.70 33.70 33.10 36.60 47.80 55.80 Share Price Using PE ratio Using PICF ratio Using P/S ratio
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