The Blooming Flower Co. has earnings of $1.48 per share. a. If the benchmark PE for the company is 15, how much will you pay for the stock?
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Ответ:
$22.20
Explanation:
Using the equation to calculate the price of a share of stock with the PE ratio:
P = Benchmark PE ratio * EPS
So, with a PE ratio of 15
P = 15*($1.48)
P = $22.20
Ответ: