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Legacy Industries Inc

Question 34

Multiple Choice

Legacy Industries Inc.has a historic P/E multiple of 15,a current EPS of $2.50 projected to grow by 4% in the coming year,and a forward looking P/E multiple of 18.With this information please estimate the current price of the firm's stock.


A) $37.50
B) $46.80
C) $39.00
D) $48.20

Correct Answer:

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