Question: 4. Do Higgins, Chapter 9, #16. In this problem, you have access to some nancial information for HarleyDavidson and some comparables. a. Estimate the stock

4. Do Higgins, Chapter 9, #16. In this problem, you have access to some nancial information for HarleyDavidson and some comparables. a. Estimate the stock price implied by each multiple, assuming that the proper multiple to apply to HarleyDavidson is the average of the compsl multiples. You should come up with five different stock prices here. '1 Compare Harley-Davidson's growth to that of its comparables. What does this imply about the stock price estimates from part a)? c. Why are the stock prices implied by the salesbased multiples so much smaller than the prices based on other multiples

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