Question
A firm has earnings per share (EPS) of $6.30. Its major competitor has a current shareprice of $76.00 and EPS of $6.05. Using the method
A firm has earnings per share (EPS) of $6.30. Its major competitor has a current shareprice of $76.00 and EPS of $6.05. Using the method of comparables, what is the expected share price of this firm? Note: Your answer must accurate to within one cent.
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Fundamentals of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
12th edition
978-0133075403, 133075354, 9780133423938, 133075400, 013342393X, 978-0133075359
