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Abbott Laboratories ( ABT ) engages in the discovery, development, manufacture, and sale of a line of health care and pharmaceutical products. Below you will
Abbott Laboratories ABT engages in the discovery, development, manufacture, and
sale of a line of health care and pharmaceutical products. Below you will find selected
information from Value Line. Use the Value Line estimated figures as the actual
yearend figures for the company. The beta reported was and the riskfree rate was
percent. Assume a market risk premium of percent.
The high and low share price each year were:
The high and low share price each year were:
Using the PE PCF and PS ratios, estimate the share price for Abbott
Laboratories. Use the average stock price each year to calculate the price ratios. Do not
round intermediate calculations. Round your answers to decimal places. Omit the
$ sign in your response.
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