Question
Ben Smith historically has had a P/E ratio of 22. This ratio is considered a good estimate of the future ratio. The firm currently has
Ben Smith historically has had a P/E ratio of 22. This ratio is considered a good estimate of the future ratio. The firm currently has EPS of $1.50. These earnings are expected to increase by 8% next yearm What is the expected price of this stock one year from now?
30.56 22 $ 35.64 33 Cannot be determined
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The International Handbook Of Public Financial Management
Authors: Richard Allen, Richard Hemming, B. Potter
1st Edition
1137574895, 978-1137574893
