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Foxtrot Company stock has a P/E ratio of 16. It has 20,000 shares of common stock outstanding and current period net income is $100,000. How
Foxtrot Company stock has a P/E ratio of 16. It has 20,000 shares of common stock outstanding and current period net income is $100,000. How much would you pay for ABC stock based on this information?
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International Finance The Markets And Financial Management Of Multinational Business
Authors: Maurice D. Levi
3rd Edition
0070376875, 978-0070376878
