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6) The JJ company's 2020 net income is $100000, the dividend payout ratio is 0.5 and the number of shares is 50000. The P/E ratios

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6) The JJ company's 2020 net income is $100000, the dividend payout ratio is 0.5 and the number of shares is 50000. The P/E ratios of the JJ company's competitors are given below. What is the estimated share price for JJ company? (10 pts) Name of the Company CAS PRS SBT SLM NBD XYZ ASD P/E Ratio 12.3 15.7 19.2 9.4 13.3 18.4 15.5

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