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17. Estimate the value of a privately-held firm based on the following information: total market value (or capitalization value) of a comparable firm- $200,000; net

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17. Estimate the value of a privately-held firm based on the following information: total market value (or capitalization value) of a comparable firm- $200,000; net income of a comparable firm $40,000; number of shares outstanding for the comparable firm 20,000; net income for the target firm $15,000; and number of shares outstanding for the target firm 10,000. a. $5.00 b. $7.50 c. $10.00 d. $12.50 e. $15.00

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