Question: D Question 5 4 pts The book value multiple method is used to calculate the stock price of KGI. The comparable financial data are
D Question 5 4 pts The book value multiple method is used to calculate the stock price of KGI. The comparable financial data are as follows: 11 (in millions, except KGI ELM FDC GLE per share) Equity value $21,342 $12,003 $15,798 Book value of equity $7,850 $2,708 $1,321 $7,688 Common shares outstanding 550 shares 350 shares 300 shares 120 shares What is KGI company's stock price per share? Assume an equally weighted average is used in the multiple method. $14.27 $90.49 $112.47 $129.68
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