Question: We are trying to value the technology company B&B ' s share price. If the appropriate industry PE for this type of company is 6

We are trying to value the technology company B&B's share price. If the appropriate industry PE for this type of company is 6 and you predict net income for B&B to be 3 million for the coming year. Assuming the firm has2 million shares of common stock. What is the forecasted stock price for a year from now?

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