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You are being asked to use P/E multiple approach to value a young start-up tech company - Yber. Yber has and EPS of $3.20, and
You are being asked to use P/E multiple approach to value a young start-up tech company - Yber. Yber has and EPS of $3.20, and the industry representative P/E ratio is 12.3. What is the valuation per share of the stock of Yber?
A. information is not sufficient
B. $3.84
C. $3.20
D. $39.36
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