Def stock in the future, Question: What price would you expect for DEF's stock in the, Accounting Basics

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Def stock in the future

Problem:

The current price of DEF Corporation stock is $26.50 per share. Earnings next year should be $2 per share and it should pay a $1 dividend. The P/E multiple is 15 times on average.

Required:

Question: What price would you expect for DEF's stock in the future?

Note: Explain all steps comprehensively.

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Accounting Basics: Def stock in the future

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Accounting Basics: Def stock in the future

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Accounting Basics: Def stock in the future

Reference No:- TGS0884656

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