Multiple Choice
Currently, a firm has an EPS of $2.08 and a benchmark PE of 12.7. Earnings are expected to grow by 3.8 percent annually. What is the estimated current stock price?
A) $27.42
B) $27.09
C) $26.08
D) $26.42
E) $28.13
Correct Answer:
Verified
Correct Answer:
Verified
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