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12 JOPETROL had an average Market-To-Book ratio for the past 5 years around 1.6 times. The Book Value per share of JOPETROL, upon publishing financial

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12 JOPETROL had an average Market-To-Book ratio for the past 5 years around 1.6 times. The Book Value per share of JOPETROL, upon publishing financial statements of 2020, is equal to JOD3.90. Using the multiples method of valuation, what could be the fair price of JOPETROL today? Explain. m (3 Points) Enter your

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