Question
Suppose that a security earned $4 per share for the year and has a price of $100 per share. Earnings are expected to grow at
Suppose that a security earned $4 per share for the year and has a price of $100 per share. Earnings are expected to grow at 0.12 % annually for the next five years. Also suppose the PE multiple is expected to increase 0.1% between now and five years.
| EPS | $4.00 |
|---|---|
| Price | $100 |
| Growth Rate | 12% |
| PE Change | 10% |
| Years | 5 |
What is the expected price in five years?
The expected price in 5 years is $ . Round your answer to the nearest two decimal places.
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Supernatural Provision Living In Financial Freedom
Authors: Joan Hunter, Sid Roth
1st Edition
1641238232, 978-1641238236
