Question
FM corporation has EPS of $2.08 and its industry peers show the average PER of 12.7. Also assume the growth rate is 2.7 percent per
FM corporation has EPS of $2.08 and its industry peers show the average PER of 12.7. Also assume the growth rate is 2.7 percent per year, require return is 12%, and the recent dividend payment is $5 per share. Compute two stock prices available and find the difference in estimated stock price in absolute value.
| 28.80 | ||
| 34.21
| ||
| 55.22 | ||
| 25.45 | ||
| 26.42 |
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Beer Business Finance
Authors: Kary R Shumway
1st Edition
1090833741, 978-1090833747
