Question
The Sleeping Flower Co. has earnings of $1.75 per share. Requirement 1: If the benchmark PE for the company is 18, how much will you
The Sleeping Flower Co. has earnings of $1.75 per share.
| Requirement 1: |
| If the benchmark PE for the company is 18, how much will you pay for the stock? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) |
| Current stock price | $ |
| Requirement 2: |
| If the benchmark PE for the company is 21, how much will you pay for the stock? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) |
| Current stock price | $ |
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Fundamentals Of Financial Management
Authors: James C. Van Horne
10th Edition
0138596875, 978-0138596873
