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You wish to value a share of Target using P/E method. By examining industry average P/E, you decided that the correct P/E ratio for Target

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You wish to value a share of Target using P/E method. By examining industry average P/E, you decided that the correct P/E ratio for Target is 20.3. If Target is expected to generate EPS of $10, what is the value of Target's share? a) $2030 b) $20.3 c) $203 d) $2.03

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