Question
You are running a donut shop and plan to grow it into a national chain within years. Your projected net income in 1 year is
-
You are running a donut shop and plan to grow it into a national chain within years. Your projected net income in 1 year is $100K. The P/E ratio of DMKN = 15. What is your projected market value one year from now?
a. $1M
b. $1.5M
c. $2M
d. $2.5M
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Public Finance and Public Policy
Authors: Jonathan Gruber
4th edition
1429278455, 978-1429278454
