The stock price of Macrosoft Inc is $62. Its P/E ratio is 47. The market P/E ratio (56P 500) is 24. Many in the financial media and many analysts were suggesting that the P/E ratio is too high. Macrosoft is expected to generate 17%/yr growth in the next five years. The growth in EPS for the market (S&P 500 stocks) is expected to average 13% per year. Macrosoft pays no dividend and the dividend yield for the market is 2%. How long must Macrosoft earnings grow at 17% per year to justify the P/E ratio of 47? 19.3 24.5 39 Il app honorock.com is sharing your creen 0 55 The stock price of Macrosoft Inc is $62. Its P/E ratio is 47. The market P/E ratio (56P 500) is 24. Many in the financial media and many analysts were suggesting that the P/E ratio is too high. Macrosoft is expected to generate 17%/yr growth in the next five years. The growth in EPS for the market (S&P 500 stocks) is expected to average 13% per year. Macrosoft pays no dividend and the dividend yield for the market is 2%. How long must Macrosoft earnings grow at 17% per year to justify the P/E ratio of 47? 19.3 24.5 39 Il app honorock.com is sharing your creen 0 55