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Company A has earnings of $ 3 0 0 , 0 0 0 , growing at 3 % pa . A similar listed company has

Company A has earnings of $300,000, growing at 3% pa. A similar listed company has an earnings yield of 13.0%. Company B has earnings of $420,500. The same industry similar listed company has a PE ratio of 7. Estimate the value of the B company!

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