Question: Consider the information below for these 4 competing firms. Using the Market/Book multiple (market value of equity per share, divided by book value of equity
Consider the information below for these 4 competing firms. Using the Market/Book multiple (market value of equity per share, divided by book value of equity per share), the price per share for Stock B should be $______.
| Company A | Company B | Company C | Company D | |
| Sales | $128 mill. | $126 mill. | $426 mill. | $210 mill. |
| Owners' Equity | $25 mill. | $24 mill. | $32 mill. | $27 mill. |
| # shares outstanding | 1.5 mill. | 1.4 mill. | 1.3 mill. | 1.5 mill. |
| Stock Price | $73 | ? | $106 | $76 |
Margin of error for correct responses: +/- $.10.
Rounding and Formatting instructions: Do not enter dollar signs or commas in your response. Do not round any intermediate work, but round your *final* response to 2 decimal places (example: if your answer is $12.34567, you should enter 12.35).
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