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P7-20 Valuation with price/earnings multiples For each of the firms shown in the following table, use the data given to estimate its common stock value

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P7-20 Valuation with price/earnings multiples For each of the firms shown in the following table, use the data given to estimate its common stock value employing pricelearnings (P/E) multiples. Firm Expected EPS $3.00 4.50 1.80 2.40 5.10 Price/earnings multiple 6.2 10.0 12.6 8.9 15.0

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