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Consider the P/E ratios of the three firms below. Firm P/E ratio Ricola Foodservice 11.0 Benedict Spirits 6.0 Marlin Financial 12.0 Calculate the harmonic mean
Consider the P/E ratios of the three firms below.
| Firm | P/E ratio |
| Ricola Foodservice | 11.0 |
| Benedict Spirits | 6.0 |
| Marlin Financial | 12.0 |
Calculate the harmonic mean of the three P/E ratios. (Enter the answer to the nearest 0.01.)
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Options Futures And Other Derivatives
Authors: John C. Hull
9th Edition
0133456315, 9780133456318
