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Assume Company X has a P/E ratio of 25 and its expected EPS growth for the next 5 years is 17% per year. If the

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Assume Company X has a P/E ratio of 25 and its expected EPS growth for the next 5 years is 17% per year. If the company's industry has a PEG of 1.16 and a P/E ratio of 14, which of the following is the most CORRECT statement? a. The industry must have an expected EPS growth rate of 17%. The industry must have an expected EPS growth rate of b. 16.24% C. According to the "general rule for PEG, Company X's stock is undervalued. Compared to its industry, Company X is overvalued for d. its projected growth rate. e. Company X must have a PEG of .68

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