The Perfect Rose Co. has earnings of $1.90 per share. The benchmark PE for the c
ID: 2613092 • Letter: T
Question
The Perfect Rose Co. has earnings of $1.90 per share. The benchmark PE for the company is 14.
What stock price would you consider appropriate? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
The Perfect Rose Co. has earnings of $1.90 per share. The benchmark PE for the company is 14.
What stock price would you consider appropriate? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
What if the benchmark PE were 17? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)Explanation / Answer
1) stock price is 1.90*14 = $26.60
2). stock price equal 1.90*17 = 32.30
Related Questions
Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.