Question: Question 8 (3 points) Given the information below for Sugar Rush, compute the expected share price by the end of 2023 using price P/E. Assume

Question 8 (3 points) Given the information below for Sugar Rush, compute the expected share price by the end of 2023 using price P/E. Assume that the historical arithmetic average growth rates will remain the same. For 2018, the EPS was $4.50. Hint: calculate the average EPS growth rate and the average P/E. Year Price EPS $106.70. $96.50. $98.00. $74.25. $100.00. $80.85. 2019 $65 $4.50 2020 $58 $4.00 2021 $76 $5.50 2022 $98 $6.00
Question 8 (3 points) Given the information below for Sugar Rush,

Given the information below for Sugar Rush, compute the expected share price by the end of 2023 using price P/E. Assume that the historical arithmetic average growth rates will remain the same. For 2018 , the EPS was $4.50. Hint: calculate the average EPS growth rate and the average P/E. $106.70. $96.50. $98.00. $74.25. $100.00. $80.85

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