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It's 2023 and Rivian Automotive is about to go public. You want to estimate the appropriate price of the shares. Similar electric vehicle manufacturer companies

It's 2023 and Rivian Automotive is about to go public. You want to estimate the appropriate price of the shares. Similar electric vehicle manufacturer companies that are public trade at an earnings-per-share/price of 0.05, and an enterprise value to sales of 12. Rivian has negative income of $10 per share and sales of $400 million. If Rivian has 100 million shares outstanding and no debt or excess cash, how much is each share worth? O $200 O $80 O $24 O $48

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