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7 points QUESTION 3 The Charleston Company is a relatively small privately owned firm Last year the company had after-tax income of $15,000, and 10,000

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7 points QUESTION 3 The Charleston Company is a relatively small privately owned firm Last year the company had after-tax income of $15,000, and 10,000 shares were outstanding. The owners were trying to determine the market value for the stock, prior to taking the company public. A similar firm which is publicly traded had a price earnings ratio of 5.0. Using only the information given, estimate the market value of one share of Charleston's stock For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). 11 Arial Opt A IS TH 2 I. . Paragraph

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