Question
XYZ Corp. expects to have earnings of $ 100 million. XYZ also has 50 million shares of common stock outstanding. The average P/E ratio of
XYZ Corp. expects to have earnings of $ 100 million. XYZ also has 50 million shares of common stock outstanding. The average P/E ratio of similar stocks is 15. Given this information what do you estimate is a fair price for a share of XYZ common stock? Round your final answer to two decimals.
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Unretirement How Baby Boomers Are Changing The Way We Think About Work Community And The Good Life
Authors: Chris Farrell
1st Edition
1632863235,1620401584
