Question
Historically, Jones Trucking has had a P/E ratio of 16.2. The firm has current net income of $62,000 with 80,000 shares of stock outstanding. The
Historically, Jones Trucking has had a P/E ratio of 16.2. The firm has current net income of $62,000 with 80,000 shares of stock outstanding. The EPS growth rate is 4.7 percent. What is the expected price of this stock one year from now?
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Principles Of Financial Modelling Model Design And Best Practices Using Excel And VBA
Authors: Michael Rees
1st Edition
111890401X, 978-1118904015
