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Texas Instruments has a PE ratio of 18.19 with a stock price of $161.88 and EPS of $8.90. Using Micron Technology's same information: PE: 42.83;
Texas Instruments has a PE ratio of 18.19 with a stock price of $161.88 and EPS of $8.90. Using Micron Technology's same information: PE: 42.83; stock price: $60.35; EPS: \$1.41; compute a relative stock price using the PE ratio method for Texas Instruments. Show your work. (Hint: you do not need eVal to calculate a comparable ratio)
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