Question: The Perfect Rose Co. has earnings of $2.00 per share. The benchmark PE for the company is 13. What stock price would you consider appropriate? (Do not round intermediate calculations) What is the stock price if the benchmark PE was16? (Do not round intermediate calculations)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Question:
The Perfect Rose Co. has
earnings of $2.00 per
share.
The benchmark PE for the
company is 13. What stock
price would you consider
appropriate? (Do not round
intermediate calculations)
What is the stock price if
the benchmark PE was16?
(Do not round intermediate
calculations)
Transcribed Image Text:Question: The Perfect Rose Co. has earnings of $2.00 per share. The benchmark PE for the company is 13. What stock price would you consider appropriate? (Do not round intermediate calculations) What is the stock price if the benchmark PE was16? (Do not round intermediate calculations)
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