What price would you expect for future stock


Question: The current price of stock corp 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 an average. What price would you expect for future stock _______

$13.50, $15.00, $26.50, or $30.00

Solution Preview :

Prepared by a verified Expert
Finance Basics: What price would you expect for future stock
Reference No:- TGS01842584

Now Priced at $20 (50% Discount)

Recommended (92%)

Rated (4.4/5)