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XYZ Company stock is selling for $28.00 per share, with earnings per share of $3.20. ABC Company is a firm comparable to XYZ. ABC Company
XYZ Company stock is selling for $28.00 per share, with earnings per share of $3.20. ABC Company is a firm comparable to XYZ. ABC Company has earnings per share of $4.25. What would be a good estimate of the price per share of ABC Company?
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