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The average firm in your companys industry is trading at a P/E multiple of 25. Given your companys expected earnings of $2 per share, what
The average firm in your companys industry is trading at a P/E multiple of 25. Given your companys expected earnings of $2 per share, what is the intrinsic value per share if you apply the industrys P/E multiple?
a. | 50 | |
b. | 20 | |
c. | 40 | |
d. | 30 |
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