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Suppose that Soul Foods (SF) has earnings per share of $5.70. You believe that Louisiana Foods(LF) is comparable to SF in terms of its underlying

Suppose that Soul Foods (SF) has earnings per share of $5.70. You believe that Louisiana Foods(LF) is comparable to SF in terms of its underlying business. LF has a P/E ratio of 7. Based upon the price earnings multiple, the value of a share of SF is closest to: $14.63 $29.10 $24.05 $39.9

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