In Problem 16, compute the stock price for Cain if it sells at 18 times earnings per

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In Problem 16, compute the stock price for Cain if it sells at 18 times earnings per share and EBIT is $40,000.

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Foundations of Financial Management

ISBN: 978-0077454432

14th edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

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