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Suppose that the average P/E multiple in the chemicals industry is 26. Smart Chemical is expected to have an EPS of $4.50 in the coming

Suppose that the average P/E multiple in the chemicals industry is 26. Smart Chemical is expected to have an EPS of $4.50 in the coming year. A reasonable estimate for intrinsic value of the stock should be:

A. None of the answers are correct

B. $100.25

C.$117.00

D. $30.50

E. $72.00

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