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Question
The Satellite Shoppe has current sales per share of $8.40. The sales per share are expected to increase at an annual rate of 12 percent. The historical P/E ratio is 16.2 and the historical P/S ratio is 7.6. What is the expected price of this stock one year from now?A. $59.72
B. $66.67
C. $71.50
D. $115.18
E. $129.00
Answer
This answer is hidden. It contains 38 characters.
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