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OpenStudy (anonymous):

The current earnings per share for Axon Corp. stock is $.21. I f the P/E ratio of the company is 32 and earnings are expected to grow 12.1 percent, what is the expected stock price in five years?

OpenStudy (danielle):

OpenStudy (anonymous):

am I getting it wrong or is the equation for Current Price supposed to be =B2*B1 instead of whats done in the excel sheet i.e. =B2/B1?

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