Question
The current price of AT&T stock is $28.00 per share. Earning next year is expected to be $1.5 per share and it should pay a
The current price of AT&T stock is $28.00 per share. Earning next year is expected to be $1.5 per share and it should pay a $1.2 dividend each share. The industry P/E multiple is 30 times on average. What price would you expect for AT&T stock next year? (show formula) A. $36.00 B. $42.00 C. $45.00 D, none, the answer is ____
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Essentials Of Business Analytics
Authors: Jeffrey Camm, James Cochran, Michael Fry, Jeffrey Ohlmann, David Anderson, Dennis Sweeney, Thomas Williams
1st Edition
128518727X, 978-1337360135, 978-1285187273
