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Using the data for each of the firms below, you should determine the firm that has the highest intrinsic value based on the market multiples

Using the data for each of the firms below, you should determine the firm that has the highest intrinsic value based on the market multiples approach.

Show clearly every step of your calculations.

Firms' Market Price EPS

Firm 1 $20.50 $5.25

Firm 2 $35.42 $7.35

Firm 3 $54.22 $10.15

Firm 4 $57.60 $11.00

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