Question $12(3$ Points$)$

Valuation with pricelearnings multiples. For the firm shown in the following table, use the data given to estimate its common stock value employing price$/$earnings $($P$/$E$)$ multiples.

$\backslash$table$[[\backslash$table$[[$Expected$],[$EPS$]],\backslash$table$[[$Price$/$Earnings$],[$multiple$]]],[$$$5\mathrm{.}00,11]]$

a$.$ What is the value of the firm's common stock?.

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