Question
solar energy as $8 million in earnings with two million shares outstanding. investment bankers think the stock can justify a p/e ratio of 23. assume
solar energy as $8 million in earnings with two million shares outstanding. investment bankers think the stock can justify a p/e ratio of 23. assume the underwriting spread is 5 percent. What should the price to the public be?
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
5th edition
1111527369, 978-1111527365
