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Firm X is expected to have earnings per share next year, E1, of $5. Four firms similar to Firm X have price-to-earnings (P0/E1) ratios of

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Firm X is expected to have earnings per share next year, E1, of $5. Four firms similar to Firm X have price-to-earnings (P0/E1) ratios of 16, 19, 21 and 23. What is the range of stock prices we would expect Firm X to have based on these "comps" or comparable firm. Not enough information given $80 to $115 $32 to $26 $3.20 to $4.60 $57 to $75

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