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Suppose that in April 2019, New had EPS of $2.82 and a book value of equity of $5.83 per share. Click the icon to view

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Suppose that in April 2019, New had EPS of $2.82 and a book value of equity of $5.83 per share. Click the icon to view the table of multiples for the footwear industry. a. Using the average PIE multiple from the table above, estimate New's share price. b. What range of share prices do you estimate based on the highest and lowest P/E multiples in the table above? c. Using the average price to book value multiple in the table above, estimate New's share price. d. What range of share prices do you estimate based on the highest and lowest price to book value multiple the table above? a. Using the average PIE multiple from the table above, estimate New's share price. New's share price for this case will be $ (Round to the nearest cent) b. What range of share prices do you estimate based on the highest and lowest P/E multiples in the table above? Range of prices: The highest price per share will be \$ The lowest price per share will be $ (Round to the nearest cent.) \begin{tabular}{|c|c|c|c|c|} \hline & \multirow{2}{*}{EP} & \multirow{2}{*}{BookPrice} & Enterprise Value & \multirow{2}{*}{EBITDAEnterpriseValue} \\ \hline & & & Sales & \\ \hline Average & 23.99 & 7.46 & 2.17 & 19.98 \\ \hline Maximum & +81% & +193% & +96% & +73% \\ \hline Minimum & 45% & 83% & 80% & 81% \\ \hline \end{tabular} c. Using the average price to book value multiple in the table above, estimate New's share price. New's share price for this case will be $ (Round to the nearest cent.) d. What range of share prices do you estimate based on the highest and lowest price to book value multiples in the table above? Range of prices: The highest price per share will be $ The lowest price per share will be $ (Round to the nearest cent)

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