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find stock price The utility industry has an average PE (price/Earnings Ratio) of 20. National Grid is expected to make $2.78 earnings per share this
find stock price 
The utility industry has an average PE (price/Earnings Ratio) of 20. National Grid is expected to make $2.78 earnings per share this year. What do you estimate the stock price to be? Pick the number closest to your answer. $48.75 $50.00 $52.85 $55.60 Step by Step Solution
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Principles of managerial finance
Authors: Lawrence J Gitman, Chad J Zutter
12th edition
9780321524133, 132479540, 321524136, 978-0132479547
