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3) Suppose we are trying to value the company Beta Investments, an investment firm that does not pay dividends. If the appropriate industry PE for

3) Suppose we are trying to value the company Beta Investments, an investment firm that does not pay dividends. If the appropriate industry PE for this type of company is 15 and you predict earnings to be $12.00 per share for the coming year. What is the forecasted stock price for a year from now? 4) Suppose the stock price of the company Alpha Investments, an investment firm that does not pay dividends, is $210.00. If the appropriate industry PE for this type of company is 12. What is the forecasted earnings for Alpha Investments?

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