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| https://ting.instructule,UUI LOUIJLJ) TULITT 4.67 pts Question 19 19. Your Favorite Company's common stock is currently trading at $30 per share, pays an annual dividend

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| https://ting.instructule,UUI LOUIJLJ) TULITT 4.67 pts Question 19 19. Your Favorite Company's common stock is currently trading at $30 per share, pays an annual dividend of $2 per share, has an earnings per share of $3 per share, a growth rate of 6% and a required rate of return of 14%. Based on your analysis, P/E multiples of similar companies with similar characteristics average about 9. 1. What is the stock worth via a P/E ratio methodology? 2. Based on your answer in "a' above, should you by the stock at $30 and why or why not? Your answer should include both (a) and (b) and be labeled accordingly B I VA - A - IKE 33 xX, BED & 2MM MIT 12pt HTML Editong E Paragra

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