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Assume the average industry PE ratio for auto parts retailers is 50. What is the current price of Caribbean Investment stock if the retailer's earnings
Assume the average industry PE ratio for auto parts retailers is 50. What is the current price of Caribbean Investment stock if the retailer's earnings per share is projected to be $2.25? 0 $52.25 $100.00 $112.50 $50 A stock currently sells for $30 per share and pays $1.00 per year in dividends. What is an investor's valuation of this stock if he expects it to be selling for $47 in one year and requires a 15 percent return on equity investments? $4173 O $48 $40.87 $26.87
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