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Mountain Industries earnings this year are expected to be $4.45 per share, Your required rate of return is 11.5% and the firm pays no dividends.
Mountain Industries earnings this year are expected to be $4.45 per share, Your required rate of return is 11.5% and the firm pays no dividends. Competitors the industry sell at an average P/E ratio of 15, but Mountain Industries is projected to grow its earnings faster than its competitors and you believe a p / E ratio of 17 is appropriate ? Which is your estimate of Mountain's value
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Business Forecasting
Authors: John E. Hanke, Dean Wichern
9th edition
132301202, 978-0132301206
