What is the implied return on the companys stock over the


Sully Corp. currently has an EPS of $2.21, and the benchmark PE ratio for the company is 21. Earnings are expected to grow at 5 percent per year. A. What is your estimate of the current stock Price? B. What is te target stock price in one year? C. Assuming the company pays no dividends, what is the implied return on the company's stock over the next year?

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Financial Management: What is the implied return on the companys stock over the
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