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A firm belongs to an industry whose median P/E ratio is 33.22. This P/E ratio is expected to be constant in the next several years.
A firm belongs to an industry whose median P/E ratio is 33.22. This P/E ratio is expected to be constant in the next several years. The firm's earnings per share this year (EPS_O) is $7.00. The earnings per share is expected to grow at a rate of 8.77 percent per year in the next five years. Use this information to estimate the current stock value. O $252.93 $232.54 $290.68 O $325.49 O $299.24
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