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nairobi enterprise is a private company engaged in manufacturing activities. you are provided with p/e ratios of three similar firms company A p/e ratio 1.5,

nairobi enterprise is a private company engaged in manufacturing activities. you are provided with p/e ratios of three similar firms company A p/e ratio 1.5, company B p/e ratio 1.8 and company C p/e ratio 2.5. extracts from recent financial statements show at nairobi enterprise had a book value of debt of 2 million. the nominal value of equity was 10 million with par value of 5 per share. given that the average earnings per share for nairobi enterprise is 2, estimate the market value of nairobi enterprise. state your assumptions in your computations

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