Question
8. Leslie, Inc., currently has an EPS of $1.20 and an earnings growth rate of 5 percent. If the benchmark PE ratio is 17, what
8. Leslie, Inc., currently has an EPS of $1.20 and an earnings growth rate of 5 percent. If the benchmark PE ratio is 17, what is the target share price five years from now?
9. The next dividend payment by Keidis, Inc., will be $1.64 per share. The dividends are anticipated to maintain a growth rate of 8 percent forever. If the stock currently sells for $31 per share, what is the required return?
10.Step 1: Pick a stock from https://www.sec.gov/rules/other/4-460list.htm#b such that the stock name starts with the first letter of your first name. For example, if your first name is Clinton, you pick a stock that starts with C. Step 2: Then, visit https://finance.yahoo.com/ and use the search tab to search that stock name. Step 3: Click on the Summary tab and take a screen shot of the stock quote (similar to the one included in chapter 8 power point last slide). Attach that screen shot here.
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