Question
HSB stock is currently trading for $41.98 per share and recently reported $4.75 earnings per share. What price would you expect the stock to trade
HSB stock is currently trading for $41.98 per share and recently reported $4.75 earnings per share. What price would you expect the stock to trade for in the future if the P/E ratio remains constant and earnings grow to $6.86?
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Continuous Time Finance
Authors: Robert C. Merton
1st Edition
0631185089, 978-0631185086
