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You are trying to value the stock of B&E Corp.B&E is a privately held company so its shares are not publicly traded. You know, however,

You are trying to value the stock of B&E Corp.B&E is a privately held company so its shares are not publicly traded. You know, however, that the company will have earning per share of $1.50 at the end of the year. In addition, you know that B&E is similar to several publicly traded firms and you have compiled information on these firms in the table below. Using the average price to earnings ratio (P/E ratio) of these comparable firms, what is the best estimate of B&E's share price? Select one.

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