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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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