2019 Schweser Practice Exam Book 1 Exam 1 Economic Analysis Q17

Anyone did this question about Yardeni Model?

my answer is undervalued and don’t agree with the Schweser answer. The answer showed an inversion results .

Anyone get other answer?

Okay I got the mistake. It’s another tricky question.

he offers P0/E0 and not E1/P0. Then correct the trailling ratio to vompare with the intrisic value found by yardeny model.