A Company Has Cash Flow Per Share of $16

question 103

Multiple Choice

A company has cash flow per share of $16.21 and a price/cash flow ratio of 7.23. If cash flow is expected to grow at 9.2 percent per year, what is the expected share price in 3 years?

• A) $148.38
• B) $152.61
• C) $149.32
• D) $146.98
• E) $143.65

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Definitions:

Structuralists

Psychologists who analyze the basic elements of consciousness and how they relate to experience, originating as a school of thought in the 19th century.

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Psychologists who focus on observable behaviors and the ways in which they can be learned or unlearned, excluding the study of internal mental states.

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