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You are evaluating the stock price of Kroger, a grocery store chain. It has forward earnings per share of $ 2.71. You notice that its
You are evaluating the stock price of Kroger, a grocery store chain. It has forward earnings per share of $ 2.71. You notice that its competitor Safeway has a P/E ratio of 12.4. What is a good estimate of Kroger's stock price?
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