What Is the Expected Stock Price of Company Who Has

question 49

Multiple Choice

What is the expected stock price of company who has $5.00 earnings per share,a dividend payout ratio of 0.8,and a P/E ratio of 12?

• A) $48.00
• B) $60.00
• C) $12.00
• D) $9.60
• E) There is not enough information to answer this question.

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