Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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 fund selected information from Value Line. Use the Value Line estimated 2012 figures as the actual year-end figures for the company. The beta reported was .8 and the risk-free rate was 3.63 percent. Assume a market risk premium of 6 percent. Using the P/E, P/CF, and P/S ratios, estimate the 2013 share price for Abbott Laboratories. Use the average stock price each year to calculate the price ratios. (Do no rount intermediate calculations. Round your answers to 2 decimal places.)\table[[508,09,2010,2011,012,2015,,],[1940,19.82,22.73,24.74,25,65,21.05,Sales por sh,3305],[4.32,509,590,651,660,7.30,ripersh,250],[303,3.72,4.17,4.66,5.00,535,shA,6.50],[144,1.60,1.76,188,204,216,per sh Be,240],[85,70,66,95,25,.75,endilf,90],[11.48,14.73,14.47,1556,17.05,18.25,she,22.25],[15224,1551.8,1547.0,1570.4,15700,15600,Commen Shs Outstg,15500],[183,13.0,122,12.2,{
\table[[Boid figures are],[Vekue Line],[estriges]]},Ratio,150],[1.10,.87,78,79,,1.00],[26%,3.3%,35%,3.5%,Yield,26%
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

AI In The Financial Markets

Authors: Federico Cecconi

1st Edition

3031265173, 978-3031265174

More Books

Students also viewed these Finance questions