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Suppose that the average P/E multiple in the oil industry is 25. Exxon is expected to have an EPS of $1.80 in the coming year.

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Suppose that the average P/E multiple in the oil industry is 25. Exxon is expected to have an EPS of $1.80 in the coming year. What is the intrinsic value of Exxon stock? 7 A- Frv. B I U S X2 x2

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