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 $124 mill. $127 mill. $398 mill. $206 mill.
Owners' Equity $28 mill. $22 mill. $33 mill. $26 mill.
# shares outstanding 1.5 mill. 1.7 mill. 1.8 mill. 1.3 mill.
Stock Price $65 ? $98 $80

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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