Regal, Incorporated, currently has an EPS of $2.25 and an earnings growth rate of 5 percent. The benchmark PE ratio is 23. What is the target share price six years from now? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Target stock price

Regal, Incorporated, currently has an EPS of $2.25 and an earnings growth rate of 5 percent. The benchmark PE ratio is 23. What is the target share price six years from now? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Target stock price

Name: None Regal, Incorporated, currently has an EPS of $2.25 and an earning
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Description: None Regal, Incorporated, currently has an EPS of $2.25 and an earnings growth rate of 5 percent. The benchmark PE ratio is 23. What isthe target share price six years from now?Note: Do not round intermediate calculations and round your answer to 2 d

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter16: Financial Statement Analysis

Section: Chapter Questions

Problem 2MAD

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