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Suppose the expected earnings stream for company XYZ is $50,000, $60,000, and $70,000. Suppose interest rates for the next three years are expected to remain
Suppose the expected earnings stream for company XYZ is $50,000, $60,000, and $70,000. Suppose interest rates for the next three years are expected to remain constant at 1%. The number of shares outstanding is 1000. The PE ratio is between o none of the above O 3.3 -3.4 O 3.5 - 3.6 O 3.6-3.7
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