13-1B. (Accounting model valuation) The Harley-Davidson Corporation's earnings for 2001 were $1.45 per share and its closing

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13-1B. (Accounting model valuation) The Harley-Davidson Corporation's earnings for 2001 were $1.45 per share and its closing stock price for the year was $54.31. Analyst estimates of 2002 earnings per share are about $1.72. Use the accounting valuation model to estimate Harley- Davidson's stock price.

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Financial Management Principles And Applications

ISBN: 9780131450653

10th Edition

Authors: Arthur J. Keown, J. William Petty, John D. Martin, Jr. Scott, David F.

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