Question
Cleveland Corporation has 100,000 shares of common stock outstanding. The company's net income is $750,000 and its P/E is 8. What is the company's stock
Cleveland Corporation has 100,000 shares of common stock outstanding. The company's net income is $750,000 and its P/E is 8. What is the company's stock price?
Question 10 options:
| $20.00 | |
| $30.00 | |
| $40.00 | |
| $50.00 | |
| $60.00 |
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
7th Edition
007331465X, 978-0073314655
