What market price should we expect for ps

Reference no: EM13727976

4. Planet & Son (PS) is expected to earn $7.87 per share next year. If the average P/E ratio of firms in PS's industry is 17.5 based on forecast earnings, what market price should we expect for PS? Show Work
a. $137.73
b. $141.66
c. $153.65
d. $164.27
e. Need more information

Reference no: EM13727976

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What market price should we expect for ps : 4. Planet & Son (PS) is expected to earn $7.87 per share next year. If the average P/E ratio of firms in PS's industry is 17.5 based on forecast earnings, what market price should we expect for PS? Show Work

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