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SATA stock currently sells for RM123. It's expected earnings per share are RM5.12. The average P/E ratio for the industry is 24. If investors expected
SATA stock currently sells for RM123. It's expected earnings per share are RM5.12. The average P/E ratio for the industry is 24. If investors expected the same growth rate and risk for SATA as for an average firm in the same industry, it's stock price would
Select one:
a. stay about the same.
b. fall.
c. there is not enough information.
d. rise.
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