What is the expected price of the stock

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Reference no: EM131440706

Question: Historically, Jones Trucking has had a P/E ratio of 14.6. The firm has current net income of $92,000 with 85,000 shares of stock outstanding. The EPS growth rate is 4.5 percent. What is the expected price of this stock one year from now?

A. $15.32

B. $15.85

c. $16.41

D. $16.51

E. $17.10

Reference no: EM131440706

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