For the firm shown in the following table, use the data given to estimate its common stock
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Question:
For the firm shown in the following table, use the data given to estimate its common stock value employing price/earnings (P/E) multiples.
Expected EPS | Price/earnings multiple |
$2.03 | 9.7 |
Question
The value of the firm's common stock is $ ? (Round to the nearest cent.)
Related Book For
Principles Of Managerial Finance
ISBN: 978-0136119463
13th Edition
Authors: Lawrence J. Gitman, Chad J. Zutter
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