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You expect a company's sales next year to be $177.64 per share. The company's industry has the following averages: the book/market ratio is 2.0, the

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You expect a company's sales next year to be $177.64 per share. The company's industry has the following averages: the book/market ratio is 2.0, the price/sales ratio is 0.17, and the price/earnings ratio is 18.5. What is your estimate of the intrinsic value per share of the company's stock? 1) $27.57 2) $29.36 3) $34.91 4) $32.30 5) $30.20

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