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Q11 PLEASE ANSWER ASAP TargetCo has earnings per share of $6.00,1 million shares, and a price per share of $60. If companies in the same

image text in transcribedQ11 PLEASE ANSWER ASAP

TargetCo has earnings per share of $6.00,1 million shares, and a price per share of $60. If companies in the same industry as TargetCo are trading at multiples of 14 times earnings, what would be one estimate of an appropriate premium for TargetCo? One estimate of an appropriate premium for TargetCo is \%. (Enter as a percentage rounded to one decimal place.)

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