Suppose that in January $2006$ Kenneth Cole Productions had EPS of $$1\mathrm{.}88$ and a book value of equity of $$11\mathrm{.}58$ per share. Use the multiples approach to estimate KCP$\text{'}$s value based on the data from comparable firms given in the

following table.

$($Click the icon to view the table.$)$

a$.$ Using the average $\frac{P}{E}$ multiple from the table above, estimate KCP$\text{'}$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 KCP$\text{'}$s share price.

d$.$ What range of share prices do you estimate based on the highest and lowest price to book value multiples in the table above?