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The Blooming Flower Co. has earnings of $1.44 per share. a. If the benchmark PE for the company is 13, how much will you pay
The Blooming Flower Co. has earnings of $1.44 per share. | |
a. | If the benchmark PE for the company is 13, how much will you pay for the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
b. | If the benchmark PE for the company is 16, how much will you pay for the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
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