13. Sanderson Inc. had earnings per share (EPS) of $5.70 over the last year and has predicted EPS of $6.00 for the coming year. The average P/E for their three closest competitors is 14.5 using last year's EPS and 17.0 using predicted EPS for the next year. Sanderson's current share price is $97.00. Relative to it's competitors it is - by a. Underpriced: $5.00 b. Overpriced; $0,10 c. Overpriced; $10.00 d. Overpriced: $14.35