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Question
McDonald's stock currently sells for $77.50. It's expected earnings per share are $4.50. The average P/E ratio for the industry is 23.3. If investors expected the same growth rate and risk for McDonald's as for an average firm in the same industry, it's stock price would:A) stay about the same.
B) rise.
C) fall.
D) there is not enough information.
Answer
This answer is hidden. It contains 1 characters.
Related questions
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