What will Breakeven Inc stocks Price per Share

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Question - Tej's Custom Car Switch Company is trying to figure out if they should buy Breakeven Inc. stock. Currently the Earnings Per Share on their stock is $2. Due to the company's expansion into custom switches, the stock is expected to grow to a 14 P/E ratio in 6 years. Some experts think the EPS will grow at 21% per year over the next 6 years. Using the expectations given above, what will Breakeven Inc. stocks' Price per Share will be in 6 years?

Reference no: EM133019185

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