How much will you pay for the stock

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Reference no: EM131044351

The Sleeping Flower Co. has earnings of $1.91 per share. Requirement 1: If the benchmark PE for the company is 16, how much will you pay for the stock? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Current stock price $ Requirement 2: If the benchmark PE for the company is 20, how much will you pay for the stock? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Reference no: EM131044351

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