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Business, 19.03.2021 02:30 GreenHerbz206

A stock analyst uses industry PE ratios as justified PE multiples for stocks. A stock's industry PE ratio is 18.3 and the stock's earnings per share for next year (EPS1) is estimated to be $2.75. If the earnings growth rate is 4.50 percent, what is the expected price per share of this stock five years from today

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A stock analyst uses industry PE ratios as justified PE multiples for stocks. A stock's industry PE...
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