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Clark Co. currently has a PE ratio of 12.32 and has EPS of $4.36. Clark has just created an innovative product that will help increase
Clark Co. currently has a PE ratio of 12.32 and has EPS of $4.36. Clark has just created an innovative product that will help increase sales. It is expected that Clark's PE ratio will increase to 15 and its EPS will increase to $6.00. What is the percent increase in the stock price from now until next year? a. 65.00 % b. 67.55% c. 75.00% d. 82.50%
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