InfoTech Solutions Inc.has a historic P/E multiple of 26,a current EPS of $1.10 projected to grow by 5% in the coming year,and a forward looking P/E multiple of 22.With this information please estimate the current price of the firm's stock
A) $30.03
B) $28.60
C) $26.20
D) $25.41
Correct Answer:
Verified
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