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A stock's current P/E ratio is 12 and EPS is $4.5 per year; the expected EPS next fiscal year is $4.5 and forecasted average PE
A stock's current P/E ratio is 12 and EPS is $4.5 per year; the expected EPS next fiscal year is $4.5 and forecasted average PE next fiscal year is 12.5 what is the stock's forecast price next fiscal year? A. $48.00 B. $50.00 C. $54.00
D. $56.25
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