Question
A company has expected earnings of $12.4 per share for next year. The firm's present value of growth opportunities is $57. If the firm's market
A company has expected earnings of $12.4 per share for next year. The firm's present value of growth opportunities is $57. If the firm's market capitalization rate is 11%, what is the firms P/E ratio?
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Bond Markets Analysis And Strategies
Authors: Frank J. Fabozzi, Francesco A. Fabozzi
10th Edition
026204627X, 978-0253337535
