Recover the cost of your investment


Question:

A firm has a stock price of $55 per share and a P/E ratio of 75.

If you buy the stock at this P/E and earnings fail to grow at all, how long should you expect it to take to just recover the cost of your investment?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Recover the cost of your investment
Reference No:- TGS02075030

Now Priced at $20 (50% Discount)

Recommended (98%)

Rated (4.3/5)