Calculate the new pe ratio of the company

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Pacific Energy Company has a new project that will generate additional earnings of $112,000 each year in perpetuity. Calculate the new PE ratio of the company.

Reference no: EM13263287

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Calculate the new pe ratio of the company : Pacific Energy Company has a new project that will generate additional earnings of $112,000 each year in perpetuity. Calculate the new PE ratio of the company.
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