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Suppose that the average P/E multiple in the utilities industry is 16. ABC is expected to have an EPS of R4.50 in the coming year.

Suppose that the average P/E multiple in the utilities industry is 16. ABC is expected to have an EPS of R4.50 in the coming year. The intrinsic value of ABC should be? a. R28.12 b. R93.50 c. R63.00 d. R72.00

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