What stock price would you consider appropriate

Assignment Help Financial Management

Reference no: EM13726620

The Sleeping Flower Co. has earnings of $2.30 per share. The benchmark PE for the company is 16. What stock price would you consider appropriate? (Round your answer to 2 decimal places. (e.g., 32.16)) Stock price $ What if the benchmark PE were 19? (Round your answer to 2 decimal places. (e.g., 32.16)) Stock price $

Reference no: EM13726620

Questions Cloud

Discrete mathematics : Show that the number of distinct sequences of positive integers which add up to n is exactly 2n. Note that we do not place any restrictions on the length of the sequence, just that each term is a positive integer and the total sum of all terms..

Prepare all entries required to properly record the sale : On April 1, 2014, West Company purchased $450,000 of 6.00% bonds for $467,750 plus accrued interest as an available-for sale security. Interest is paid on July 1 and January 1 and the bonds mature on July 1, 2019. Prepare the journal entry on April 1..

Find the company''s maximum profit : 3. Entrepreneur of a product estimates that when q units of his items produced every month, the average total profit (in thousand RM) is P ¯(q)= -1.125q+45-200/q. Find the company's maximum profit.

What is the required return : Rabie, Inc., has an issue of preferred stock outstanding that pays a $3.80 dividend every year, in perpetuity. If this issue currently sells for $78.45 per share, what is the required return?

What stock price would you consider appropriate : The Sleeping Flower Co. has earnings of $2.30 per share. The benchmark PE for the company is 16. What stock price would you consider appropriate? (Round your answer to 2 decimal places. (e.g., 32.16)) Stock price $ What if the benchmark PE were 19? (..

What is the stock price for each company : Red, Inc., Yellow Corp., and Blue Company each will pay a dividend of $3.30 next year. The growth rate in dividends for all three companies is 5 percent. The required return for each company’s stock is 7 percent, 10 percent, and 13 percent, respectiv..

Issue of preferred stock outstanding : Lane, Inc., has an issue of preferred stock outstanding that pays a $6.55 dividend every year in perpetuity. If this issue currently sells for $91 per share, what is the required return?

What are the weekly earnings for weekly sales : Shoe sales people earn a base salary of $400 a week with a commission of 10% on every sale above $6000 during that week. What are the weekly earnings for weekly sales of $4k and for weekly sales of 10k? SHOW WORK

What is the current dividend per share : Suppose you know that a company’s stock currently sells for $51 per share and the required return on the stock is 11 percent. You also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yield. If it..

User Account

All Pages