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The Perfect Rose Co. has earnings of $1.90 per share. The benchmark PE for the company is 14.

What stock price would you consider appropriate? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

What if the benchmark PE were 17? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91420147

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