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Suppose the P/E ratio of similar companies (comparables) in an industry is 15. Company A, which is in the same industry, had an earnings per

image text in transcribed Suppose the P/E ratio of similar companies (comparables) in an industry is 15. Company A, which is in the same industry, had an earnings per share (EPS) of \$3 this quarter. What should be the stock price of the company based on the P/E ratio? (See video for steps needed)

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