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As a technology analyst, you are working on the valuation of DMA, a manufacturer of hard disk drives. DMA is currently trading at $35 per

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As a technology analyst, you are working on the valuation of DMA, a manufacturer of hard disk drives. DMA is currently trading at $35 per share. You are planning to use P/E multiple to value the company. The company's EPS for the most fiscal year was $1.50. The industry trailing P/E is 21. a) What should be DMA's relative value based on an industry P/E ratio of 21? (4 points) b) Is DMA relatively over- or under-valued compared with the industry? Explain briefly! (4 points) ers as a) or b) before In your written response, please start with question nu showing your work and answer to the

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