Richmond Rent$-$A$-$Car is about to go public. The investment banking firm of Tinkers, Evers and Chance is attempting to price the issue. The car rental industry generally trades at a $17$ percent discount below the P$/$E ratio on the Standard & Poor's $500$ stock index. Assume that the index currently has a P$/$E ratio of $30.$ The firm can be compared to the car rental industry as follows:

Richmond Rent$-$A$-$Car is about to go public. The investment banking firm of Tinkers, Evers & Chance is attempting to price the issue. The car rental industry generally trades at a $17$ percent discount below the P$/$E ratio on the Standard & Poor's $500$ Stock Index. Assume that the index currently has a P$/$E ratio of $30.$ The firm can be compared to the car rental industry as follows:

$\backslash$table$[[,$Richmond,Car Rental Industr$)],[$Growth rate in earnings per share,$12\%,10\%$