Question
Technology sector has an average market-to-book (MTB) ratio of 13. The book value of Facebook's equity is $26 billion. Facebook has 2.7 billion shares outstanding.
Technology sector has an average market-to-book (MTB) ratio of 13. The book value of Facebook's equity is $26 billion. Facebook has 2.7 billion shares outstanding. What is your estimate of Facebook's stock price using the comparables approach? Technology sector has an average market-to-book (MTB) ratio of 13. The book value of Facebook's equity is $26 billion. Facebook has 2.7 billion shares outstanding. What is your estimate of Facebook's stock price using the comparables approach?
A) 125
B) 130
C) 120
D) 115
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Quantitative Finance Its Development Mathematical Foundations And Current Scope
Authors: T. Wake Epps
1st Edition
0470431997, 9780470431993
