Question
1. Electronics Galore has historically had a P/E ratio of 22.1. This ratio is considered a good estimate of the future ratio. The firm currently
1. Electronics Galore has historically had a P/E ratio of 22.1. This ratio is considered a good estimate of the future ratio. The firm currently has EPS of $1.78. These earnings are expected to increase by 5.0 percent next year. What is the expected price of this stock one year from now?
A. $39.31
B. $40.96
C. $41.30
D. $42.78
E. $43.79
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Sources Of Value A Practical Guide To The Art And Science Of Valuation
Authors: Simon Woolley
1st Edition
0521737311, 978-0521737319
