Question: answer is not 70.08 either Valuation Using an Income Statement Multiple Hasbro Inc. (HAS), a toy manufacturer, reports net income for the recent twelve months

answer is not 70.08 either
answer is not 70.08 either Valuation Using an Income Statement Multiple Hasbro

Valuation Using an Income Statement Multiple Hasbro Inc. (HAS), a toy manufacturer, reports net income for the recent twelve months of $312.79 million HAS has 126.2 million shares outstanding. The industry average PE (using the trailing twelve months earnings) for its competitors is 28.27. Using this industry average PE, estimate the intrinsic value of HAS equity per share Do not round until your final answer, Round answer to two decimal places $70.1

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