Multiple Choice
L&R's stock is currently valued at $32.70 a share.The firm had earnings per share of $1.88 last year and projects earnings of $2.10 a share for next year.What is the forward price-earnings ratio?
A) 15.57
B) 14.38
C) 17.39
D) 16.43
E) 15.06
Correct Answer:
Verified
Correct Answer:
Verified
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