Question 8 Consider the following information about ABC, three of its peers and the industry. Peers PIE EPS 1 22.70 2.95 2 13.20 3.15 3 35:50 2.75 Industry 25.50 2.15 ABC 20.00 2.50 Which P/E multiple was used to calculate ABC's price per share of $63.75? Median of three peers Average of three peers Average of peers 1 and 3 Industry multiple