Niagular Corp. just reported a net income of $8,000,000, and its current stock price is $17.50 per share. Niagular Corp. is forecasting an increase of 25% for its net income next year, but it also expects it will have to issue 1,500,000 new shares of stock (raising its shares outstanding from 5,500,000 to 7,000,000) If Niagular Corp.'s forecast turns out to be correct and its price-to-earnings (P/E) ratio does not change, what does Niagular Corp. expect its stock price to be one year from now? O $17.14 O $17.50 O $12.86 O $21.43 One year later, Niagular Corp.'s stock is trading at $24.85, and the company reports its common equity value as $23,996,000. Niagular Corp.'s market-to-book (M/B) ratio is7 Can a company's stock have a negative P/E ratio