Analysts are projecting that TechGlobe Solutions will have earnings per share of $2.75. If the average industry P/E ratio is about 22, what is the current price of TechGlobe Solutions?
Analysts are projecting that TechGlobe Solutions will have earnings per share of $2.75. If the average industry P/E ratio is about 22, what is the current price of TechGlobe Solutions?
Chapter12: Corporate Valuation And Financial Planning
Section12.6: Additional Funds Needed (afn) Equation Method
Problem 5ST
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
Transcribed Image Text:Analysts are projecting that TechGlobe
Solutions will have earnings per share of
$2.75. If the average industry P/E ratio is
about 22, what is the current price of
TechGlobe Solutions?
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