The Financial Sector - Work It Out Use the given data for Nordstrom to estimate the values
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Question:
The Financial Sector Work It Out Use the given data for Nordstrom to estimate the values for a comparable department store, Macy's. Nordstrom: a Macy's book value per share was $ If Macy's has the same pricetobook value as Nordstrom, what is the value of Macy's stock? Value of Macy's stock: $ b Macy's earnings per share was $ If Macy's has the same pricetoearnings ratio as Nordstrom, what is the value of Macy's stock? Value of Macy's stock: $
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