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7. Estimate the value of a privately-held firm based on the following information: stock price of a comparable firm = $30.00/share; net income of a

7. Estimate the value of a privately-held firm based on the following information: stock price of a comparable firm = $30.00/share; net income of a comparable firm = $30,000; number of shares outstanding for the comparable firm = 10,000; and earnings per share for the target firm = $2.00.

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