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2. Assume you are at the beginning of December 2019. The stock price of firm A is $20 and EPS Q1, Q2, Q3, and Q4

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2. Assume you are at the beginning of December 2019. The stock price of firm A is $20 and EPS Q1, Q2, Q3, and Q4 are 0.18, 0.25. 0.32. and 0.35. The fiscal year forecast for 2019 is $1.1. EPS Q1, Q2, Q3 and Q4 are 0.43.0.48.0.50, 0.59. The fiscal year forecast for 2020 is $2.00. Calculate forward P/E on EPS for the next twelve months' approach

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