Regal, Incorporated, currently has an EPS of $3.25 and an earnings growth rate of 8 percent. If the benchmark PE ratio i
Posted: Thu May 05, 2022 7:50 am
Regal, Incorporated, currently has an EPS of $3.25 and an earnings growth rate of 8 percent. If the benchmark PE ratio is 23, what is the target share price five years from now? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Target share price