Question 20 (3 points) When using the PE Valuation Model, the component, or term, that we refer to as (P/E), is best described as: A current earnings multiple (or P/E) for a comparison company or industry The estimated stock price at time "n" (t=n) divided by current earnings per share An expected, or forecasted, earnings multiple (or P/E) at time period "n" (t=n) Today's stock price per share divided by today's earnings per share Today's P/E ratio allowed to grow, or compound, at rate "g" for "n" years