Problem 7.27 – Daniela Company
Essentials of Corporate Finance
Ross, Westerfield, and Jordan
10th Edition and 11th Edition
The Daniela Company’s earnings are expected to grow by 11% in the next year and the target stock price is to be determined using the company’s historical average PE as a benchmark. (Your numbers will vary). Determine the target price given stock price and EPS data.
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Your numbers will vary.