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78 The average P/E multiple in the oil industry is 16. Mobil Oil is expected to have an EPS of $450 in the coming year.

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78 The average P/E multiple in the oil industry is 16. Mobil Oil is expected to have an EPS of $450 in the coming year. The price of Mobil Oil stock should be out of Select one a. $35.55 question O b. $63 O c. $72 O d. $28.12 on 79 The use of which of the following valuation methods, utilized in valuing common stock, is superior since it considers expected earnings? wered ked out of Tag question Select one: O a present value of the interest O b. book value O P/E Multiple d liquidation value 80 The Huck Glove Co. paid its annual dividend of $1 yesterday. Analysts expect dividends to grow at 4% in perpetuity. Stockholders require a return of 9%. The stock is trading for $20.80. What is the dividend yield on the stock? d out of D question Select one O a. 6% Ob: 5% OC. 49 d. 8%

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