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You notice that PepsiCo (PEP) has a stock price of $58.83 and EPS of $3.94. Its competitor, the Coca-Cola Company (KO), has EPS of $2.59.

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You notice that PepsiCo (PEP) has a stock price of $58.83 and EPS of $3.94. Its competitor, the Coca-Cola Company (KO), has EPS of $2.59. Estimate the value of a share of Coca-Cola stock using only these data. The value of a share of Coca-Cola stock is \$ (Round to the nearest cent.)

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