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3. The firm, you are following. has a stock price of $40.00, LPS of S3.00, a dividend of $1.80, book value per share of 5.00,

3. The firm, you are following. has a stock price of $40.00, LPS of S3.00, a dividend of $1.80, book value per share of 5.00, sales per share of 15.00. ROE of 20.00% and required return on equity is 10..00%. Calculate the actual and justified P/Sales ratio and comment on your findings

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