You are evaluating the stock price of Kroger, a grocery store chain. It has forward earnings per
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You are evaluating the stock price of Kroger, a grocery store chain. It has forward earnings per share of $3. You notice that its competitor Safeway has a P/E ratio of 13. What is a good estimate of Kroger's stock price?
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9780133507676
3rd Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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