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MLAWSON75
Mar 22, 2009, 01:49 PM
If stock sold for $14 per share 10 years ago and is currently selling for $22.80. Based on its past growth performance, what would you expect the stock price to be in 5 years?
ROLCAM
Mar 22, 2009, 04:30 PM
If stock sold for $14 per share 10 years ago and is currently selling for $22.80. Based on its past growth performance, what would you expect the stock price to be in 5 years?

There is no magic formula here.

You can EXTRAPOLATE thus:-

(22.80 - 14.00) /2
$8.80/ 2
$4.40

So $22.80 + $4.40 = $27.20.