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6.2. P/E Ratios for a Savings Account (Easy) Suppose you own a savings account that earned $10 over the past year. Your only transaction in
6.2. P/E Ratios for a Savings Account (Easy) Suppose you own a savings account that earned $10 over the past year. Your only transaction in the account has been to withdraw $3 on the last day of this 12 -month period. The account bears an interest rate of 4 percent per year. a. What is the value of the account after the $3 withdrawal? b. What is the trailing P/E and forward P/E for this account
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