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Suppose that the average P/E multiple in the oil industry is 20. Dominion Oil is expected to have an EPS of $3.00 in the coming

Suppose that the average P/E multiple in the oil industry is 20. Dominion Oil is expected to have an EPS of $3.00 in the coming year.

What is the intrinsic value of Dominion Oil stock?

If Dominion Oil stock is selling for $55 a share, is it a good buy? Explain

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