This year its earnings increased by 20 percent if the pe


Discussion

Last year, Rec Room Sports reported earnings per share of $8.30 when its stock price was $190.90. This year, its earnings increased by 20 percent. If the P/E ratio remains constant, what is likely to be the price of the Stock?

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Finance Basics: This year its earnings increased by 20 percent if the pe
Reference No:- TGS02397424

Now Priced at $20 (50% Discount)

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