9. You are evaluating the stock price of Kroger, a grocery store chain. It has forward earnings...

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9. You are evaluating the stock price of Kroger, a grocery store chain. It has forward earnings per share of $3. You notice that its competitor Safeway has a P/E ratio of 13. What is a good estimate of Kroger's stock price?

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Fundamentals Of Corporate Finance

ISBN: 9781292018409

3rd Global Edition

Authors: Berk, Peter DeMarzo, Jarrad Harford

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