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6. The Yarn Outlet has net income of $87,400 for the year with 6,500 shares of stock outstanding. Big Knitter is a similar firm with
6. The Yarn Outlet has net income of $87,400 for the year with 6,500 shares of stock outstanding. Big Knitter is a similar firm with similar growth opportunities that has 8,400 shares of stock outstanding with a market price of $9.34 a share and earnings per share of $.86. What is the estimated value of the Yarn Outlet
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