A company's current cash flow per share is $1.51. It's priceto-cash-flow ratio has averaged 33.4...
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A company's current cash flow per share is $1.51. It's priceto-cash-flow ratio has averaged 33.4 over the past few years. You think that a year from now, the company's priceto-cash-flow ratio will be near its recent average, so you use that number to try to predict its stock price at that time. You also think that the company's cash flow per share will rise by 5.6% over the next year. Based on these numbers, what do you predict the company's stock price to be a year from now? Round to the nearest dollar
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