Multiple Choice
A firm has a current EPS of $1.63 and a benchmark PE of 11.7. Earnings are expected to grow 2.6 percent annually. What is the target stock price in one year?
A) $19.57
B) $22.89
C) $19.07
D) $20.14
E) $21.08
Correct Answer:
Verified
Correct Answer:
Verified
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