What is the market value of the equity of a firm that has a trailing P E ratio of 14 5 and expected earnings ( E 1 ) of $550,000 The firm is expected to grow at 5 percent $7,595,238 10 $8,745,000 00 $8,285,714 29 $6,904,761 91

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What is the market value of the equity of a firm that has a trailing P/E ratio of 14.5 and expected earnings ( E 1

What is the market value of the equity of a firm that has a trailing P/E ratio of 14.5 and expected earnings (E₁) of $550,000? The firm is expected to grow at 5 percent.

$7,595,238.10
$8,745,000.00
$8,285,714.29
$6,904,761.91

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