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QUESTION 13 You are trying to value the common stock shares BeGood Company using a market multiples approach. BeGood just reported annual earnings of $1.87

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QUESTION 13 You are trying to value the common stock shares BeGood Company using a market multiples approach. BeGood just reported annual earnings of $1.87 per share. BeGood is a privately held corporation and has three main publicly traded competitors. Below, the most recent price/earnings multiples are presented for each competitor: Competitor P/E Multiple BeSafe 13.25 Y-Knot 12.10 R-U-Sure 14.68 Based on this information, determine the share price of BeGood. Use the market multiple approach and compute to the second decimal place. DO NOT INCLUDE THE $ SPECIAL CHARACTER IN YOUR FREE RESPONSE. Hence, $14.9187 would be entered as 14.92 to be marked correct. Do not round until the very end. Click Save and Submit to save and submit. Click Save All Answers to save all answers

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