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The Blooming Flower Co. has earnings of $1.50 per share. a. If the benchmark PE for the company is 16, how much will you pay
The Blooming Flower Co. has earnings of $1.50 per share. a. 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.) b. If the benchmark PE for the company is 19, 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.) a. Stock price b. Stock price
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