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Q13 A firm had earnings per share of $4.09 for the most recent year If the average PE ratio of a group of comparable public

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Q13 A firm had earnings per share of $4.09 for the most recent year If the average PE ratio of a group of comparable public companies is 11, what is an estimate of the firm's stock value on a per share basis? SHOW WORK HERE, HIGHLIGHT FINAL ANSWER IN YELLOW

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