The value of the firm's common stock is $ (Round to the nearest cent.)

Valuation with price/earnings multiples For the firm shown in the following table, use the data given to estimate its common stock value employing price/earnings (P/E) multiples. (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Expected EPS $2.47 The value of the firm's common stock is $11. (Round to the nearest cent.) Price/earnings multiple 15.6