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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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