Question
The Sleeping Flower Co. has earnings of $1.87 per share. Requirement 1: If the benchmark PE for the company is 15, how much will you
| The Sleeping Flower Co. has earnings of $1.87 per share. |
| Requirement 1: |
| If the benchmark PE for the company is 15, 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 28, 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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The Pillars Of Finance The Misalignment Of Finance Theory And Investment Practice
Authors: G. Fraser-Sampson
2014th Edition
1137264055, 978-1137264053
