Question
Assume that a firms earnings per share (EPS) are expected to be $1.35 next year and that analysts have determined that an appropriate forward-looking multiple
Assume that a firms earnings per share (EPS) are expected to be $1.35 next year and that analysts have determined that an appropriate forward-looking multiple is 20 times the projected earnings. What should the stock price be? a. 11.35 b. $20.00 c. $27.00 d. $28.75
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Financial Intelligence For IT Professionals
Authors: Karen Berman, Joe Knight, John Case
1st Edition
1422119149, 9781422119143
