Question 8 1 pts The 1-Year Forward Price to Earnings (PE) Ratio is one of many valuation tools used. Which statement below is correct: The forward P/E ratio is the current stock (or equity index) price over its predicted earnings per share (EPS) for the next year The forward P/E ratio is the predicted stock (or equity index) price over its current earnings per share (EPS). The forward P/E ratio is the inverse of the Return on Equity (ROE). The forward P/E ratio illustrates the level of bad and doubtful debt (BDD) provisions that banks need to allocate for regulatory obligations