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BOE is expected to have a P/E ratio of 16 in 3 years. If the current EPS is $4 and expected to grow at a
BOE is expected to have a P/E ratio of 16 in 3 years. If the current EPS is $4 and expected to grow at a rate of 5%, what is the estimated stock price in 3 years i.e. P3)? [HINT: Use the setup in the discounted dividend value model] O A. $33.34 OB. $46.31 C. $64.83 D. $74.09
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