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Sunset Corp. currently has an EPS of $2.27, and the benchmark PE for the company is 23. Earnings are expected to grow at 5.5 percent
Sunset Corp. currently has an EPS of $2.27, and the benchmark PE for the company is 23. Earnings are expected to grow at 5.5 percent per year.a.)what is your estimate of the current stock price? b.)what is the target stock price in one year? c.) what is the implied return on the companys stock over the next year? Round all answers to 2 decimal places.
a.)what is your estimate of the current stock price?
b.)what is the target stock price in one year?
c.) what is the implied return on the companys stock over the next year?
Round all answers to 2 decimal places.
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