If taggart’s forecast turns out to be correct and its price-to-earnings (p/e) ratio does not change, what does management expect its stock price to be one year from now? (hint: if you choose to compute the firm’s price/earnings ratio, round its value to four decimal places.) $23.62 per share $25.75 per share $17.72 per share $29.53 per share one year later, taggart goods corp.’s stock is trading at $43.00, and the company reports its common equity value as $35,430,000. what is taggart goods corp.’s market-to-book(m/b) ratio? is it possible for a company to have a negative eps and thus a negative p/e ratio?
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If taggart’s forecast turns out to be correct and its price-to-earnings (p/e) ratio does not change,...
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