Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Rise Above This Corp. currently has an EPS of $3.47 and the benchmark PE for the company is 19. Earnings are expected to grow at 6 percent per year. |
What is your estimate of the current stock price? What is the target stock price in one year? Assuming the company pays no dividends, what is the implied return on the company’s stock over the next year? |
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