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Use the following information to solve for the current value of the stock. Based on careful analysis of their operations, you expect MPX, Inc.

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Use the following information to solve for the current value of the stock. Based on careful analysis of their operations, you expect MPX, Inc. to post earnings per share of $0.51, one year from now. Similar companies trade at a P/E Ratio of 18.96. The current US Treasury yield is 2.01% and the market risk preimum is 11:46%. MPX, Inc. has a beta of 1.63. What is the most you would be willing to pay for MPX, today, based on its current value? $21.41 $12.67 $8.01 O $18.22

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