Multiple Choice
What is the expected stock price of company who has $5.00 earnings per share,a dividend payout ratio of 0.8,and a P/E ratio of 12?
A) $48.00
B) $60.00
C) $12.00
D) $9.60
E) There is not enough information to answer this question.
Correct Answer:
Verified
Correct Answer:
Verified
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