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Mike does not pay a dividend. His company has an expected PE of 19 in year 2026( 3 years from now). Forecasted EPS is $1.35
Mike does not pay a dividend. His company has an expected PE of 19 in year 2026( 3 years from now). Forecasted EPS is $1.35 for year 2026. If mike requires an 11% return on the stock what is the most he will pay per share?
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Professionals Handbook Of Financial Risk Management
Authors: Lev Borodovsky, Marc Lore
1st Edition
0750641118, 978-0750641111
