Question
Ultra Petroleum (UPL) has earnings per share of $1.67 and a P/E ratio of 33.16. Whats the stock price? (Round your answer to 2 decimal
Ultra Petroleum (UPL) has earnings per share of $1.67 and a P/E ratio of 33.16. Whats the stock price? (Round your answer to 2 decimal places.)
A fast-growing firm recently paid a dividend of $0.65 per share. The dividend is expected to increase at a 10 percent rate for the next three years. Afterwards, a more stable 5 percent growth rate can be assumed. If a 6 percent discount rate is appropriate for this stock, what is its value today? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
A fast-growing firm recently paid a dividend of $0.95 per share. The dividend is expected to increase at a 20 percent rate for the next four years. Afterwards, a more stable 13 percent growth rate can be assumed. If a 14.5 percent discount rate is appropriate for this stock, what is its value? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
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