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Tiger Golf Supplies has $23 million in earnings with 8 millionshares outstanding. Its investment banker thinks the stock shouldtrade at a P/E ratio of 31.
Tiger Golf Supplies has $23 million in earnings with 8 millionshares outstanding. Its investment banker thinks the stock shouldtrade at a P/E ratio of 31. Assume there is an underwriting spreadof 2 2 answers
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