You notice that Coca-Cola has a stock price of ($62.90) and EPS of ($2.37.) Its competitor PepsiCo
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You notice that Coca-Cola has a stock price of \($62.90\) and EPS of \($2.37.\) Its competitor PepsiCo has EPS of \($7.30.\) But Jones Soda, a small batch craft soda producer, has a P/E ratio of 35. Based on this information, what is one estimate of the value of a share of PepsiCo stock?
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We can estimate the value of a share of PepsiCo stock using the PE ratio of CocaCola a competitor an...View the full answer
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9780137852581
6th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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