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If a firm is in an industry that has a PE ratio that is 18 and the firm has earnings per share(EPS)= 1.91, what
If a firm is in an industry that has a PE ratio that is 18 and the firm has earnings per share(EPS)= 1.91, what is a fair market price for the firm's stock?(Please use at least 5 decimal places and do not use $ symbol in the answer)
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Introduction to Governmental and Not for Profit Accounting
Authors: Martin Ives, Terry K. Patton, Suesan R. Patton
7th edition
9780132776073, 132776014, 978-0132776011
