Question
The current price of ABC Corporation stock is $26.50 per share. Tomorrow the company will announce that next years earning are expected to be $3
The current price of ABC Corporation stock is $26.50 per share. Tomorrow the company will announce that next years earning are expected to be $3 per share. The expected P/E multiple is 15 times. What price would you expect for ABC stock after the earnings news?
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The Economics And Finance Of Professional Team Sports
Authors: Daniel Plumley, Rob Wilson
1st Edition
0367655667, 978-0367655662
