Question
A firm just reported EPS of $5. If EPS are expected to grow at 2.9%, and if the PE ratio of this firm is expected
A firm just reported EPS of $5. If EPS are expected to grow at 2.9%, and if the PE ratio of this firm is expected to be 16.0, what is the firm's forecasted price in 6 periods?
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The Analysis And Use Of Financial Statements
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
2nd Edition
0471111864, 978-0471111863
