Analysts are projecting Capital Railways will that have earnings per share of $4.20. If the average industry P/E ratio is 22, what is the current price of Capital Railways?

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter12: Corporate Valuation And Financial Planning
Section12.6: Additional Funds Needed (afn) Equation Method
Problem 5ST
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What is the current price of capital Railways

Analysts are projecting
Capital Railways will
that
have
earnings per share of $4.20. If the
average industry P/E ratio is 22,
what is the current price of
Capital Railways?
Transcribed Image Text:Analysts are projecting Capital Railways will that have earnings per share of $4.20. If the average industry P/E ratio is 22, what is the current price of Capital Railways?
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