Question
Synovec Corp. currently has an EPS of $5.76 and the benchmark PE for the company is 19. Earnings are expected to grow at 3.1 percent
Synovec Corp. currently has an EPS of $5.76 and the benchmark PE for the company is 19. Earnings are expected to grow at 3.1 percent per year. What is the target stock price in one year?
a) $19.59
b) $112.83
c) $3.39
d) $109.44
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Foundations Of Personal Finance
Authors: Sally R. Campbell, Robert L. Dansby
9th Edition
1619603578, 9781619603578
