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U Question 30 1 pts A stock quote for Dog Boy Inc shows a YLD of 1.32, a PE of 16 and a closing Price
U Question 30 1 pts A stock quote for Dog Boy Inc shows a YLD of 1.32, a PE of 16 and a closing Price of $98.125. Assume the required return on Dog Boy Inc is 12%, the dividend growth rate is 10%, and this rate is expected for the forseeable future. Is the stock at its current price overvalued, undervalued or fairly priced? (Note: you need to estimate price). O Fairly priced O Undervalued O I need my momma. o Overvalued B Question 29 1 pts A firm in the technology industry has earnings of $3 per share. If the PE ratio of this stock is 23, what is the price per share of the stock? $69 $29 O $7.62 $20
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