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The current price of Parador Industries stock is $58 per share. Current earnings per share are $4.90, the earnings growth rate is 5.5 percent, and
The current price of Parador Industries stock is $58 per share. Current earnings per share are $4.90, the earnings growth rate is 5.5 percent, and Parador does not pay a dividend. The expected return on Parador stock is 16 percent. a. Calculate the earnings per share one-year ahead. (Round your answer to 2 decimal places.) b. Calculate the P/E ratio one-year ahead. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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