Solution-Stock price under normal circumstances

Stock price under normal circumstances

Reference no: EM131411975

My company's common stock normally sells for 19 times its earnings; that is, its P/E ratio equals 19. If my company's earnings per share are $3.70, what should be its stock price under normal circumstances?

Reference no: EM131411975

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Stock price under normal circumstances

Reference no: EM131411975

Reference no: EM131411975

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