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The Bigfoot Company is small and privately owned firm. Last year's income was $25,000 and 10,000 shares outstanding. The owners were willing to determine the

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The Bigfoot Company is small and privately owned firm. Last year's income was $25,000 and 10,000 shares outstanding. The owners were willing to determine the value of the firm before public offering. The industry average of P/E is 5.0. Estimate the value of the firm's one share

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