Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
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Category > Management Posted 11 Nov 2017 My Price 3.00

shares outstanding

Lynx Auto generated an EPS of $3.50 over the last 12 months. The company’s earnings are expected to grow by 20% next year, and, because there will be no significant change in the number of shares outstanding, EPS is expected to grow at about the same rate. You feel the stock would trade at a P/E of around 20 times earnings. Use the P/E approach to set a value on this stock.

 

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Maurice Tutor
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Status NEW Posted 11 Nov 2017 07:11 PM My Price 3.00

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