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If you look at stock prices over any year, you will find a high and low stock price for the year. Instead of a single
If you look at stock prices over any year, you will find a high and low stock price for the year. Instead of a single benchmark PE ratio, we now have a high and a low stock price for the next year. Suppose we have the following information on a particular company over the past four years.
Year Year Year Year
High price $ $ $ $
Low price
EPS
Earnings are projected to grow at over the next year. Do not round intermediate calculations and round your answer to decimal places, eg
a What is your high target stock price over the next year?
b What is your low target stock price over the next year?
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