The current price of DEF Corporation stock is $26.50 per share. Earnings next year should be $2 per share and it should pay a $1 dividend. The P/E multiple is 15 times on average. What price would you expect for DEF's stock in the future?

A) $13.50
B) $15.00
C) $26.50
D) $30.00

D

Business

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Indicate whether the statement is true or false

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