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algol [13]
3 years ago
10

Currently, a firm has an EPS of $2.08 and a benchmark PE of 12.7. Earnings are expected to grow by 3.8 percent annually. What is

the estimated current stock price
Business
1 answer:
Dennis_Churaev [7]3 years ago
7 0

Answer:

26.42

Explanation:

A firm has an EPS of $2.08

The benchmark PE is 12.7

The growth rate is 3.8 percent

Therefore the estimated current stock price can be calculated as follows

= 2.08×12.7

= 26.42

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The government uses the revenue from taxes to pay for goods and services for the community. True False
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Read 2 more answers
Narciso Corporation is preparing a bid for a special order that would require 880 liters of material R19S. The company already h
bija089 [108]

Answer:

$5,456

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The relevant cost:

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6 0
3 years ago
To take advantage of an arbitrage opportunity, an investor would
Svetach [21]

Answer:

The answer is III) make simultaneous trades in two markets without any net investment.

Explanation:

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As a results, the investor earns profit from price differences in the two markets without risk and net investment. It is because the two trading happens at the same time once price differences in any two markets are recognized ( arbitrage opportunities recognized) and the proceed of selling the asset is immediately used for financing/returning to the buying of the asset.

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