Question
The Perfect Rose Co. has earnings of $1.70 per share. The benchmark PE for thecompany is 20. What stock price would you consider appropriate?(Do not
| The Perfect Rose Co. has earnings of $1.70 per share. The benchmark PE for thecompany is 20. |
| What stock price would you consider appropriate?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| Stock price | $ |
| What if the benchmark PE were 23?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| Stock price | $
|
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Foundations Of Finance
Authors: Arthur J. Keown, John H. Martin, J. William Petty
10th Edition
0135160618, 978-0135160619
