Tiny Tim Ltd, an unlisted business, is quite like Mega plc, a listed one, in terms of
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Tiny Tim Ltd, an unlisted business, is quite like Mega plc, a listed one, in terms of activities and gearing. Tiny Tim Ltd has steady after-tax profits of £350,000 a year. Mega plc’s published price/earnings ratio is 16.
Estimate the total value of the shares in Tiny Tim Ltd, bearing in mind its unlisted and private company status.
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