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You notice that Cilley Sodas has a share price of $41.59 and EPS of $1.81. Its competitor Pelham Soda has EPS of $3.89. Jade, a
You notice that Cilley Sodas has a share price of $41.59 and EPS of $1.81. Its competitor Pelham Soda has EPS of $3.89. Jade, a much smaller batch craft soda producer, has a P/E ratio of 37 . Based on this information, what is one estimate of the value of a share of Pelham Soda stock? One share of Pelham Soda stock is valued at \$ (Round to the nearest cent.)
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Essentials Of Managerial Finance
Authors: Scott Besley, Eugene F. Brigham
12th Edition
0030258723, 9780030258725
