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25.Price Ratio Analysis (LO4, CFA8) The current price of Parador Industries stock is $67 per share. Current earnings per share is $3.40, the earnings growth
25.Price Ratio Analysis (LO4, CFA8) The current price of Parador Industries stock is $67 per share. Current earnings per share is $3.40, the earnings growth rate is 6 percent, and Parador does not pay a dividend. The expected return on Parador stock is 13 percent. What one-year-ahead PE ratio is consistent with Paradors expected return and earnings growth rate?
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