Suppose that the average P/E multiple in an industry is 15. A stock is expected to have an EPS of $5.50 in the coming ye
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Suppose that the average P/E multiple in an industry is 15. A stock is expected to have an EPS of $5.50 in the coming ye
Suppose that the average P/E multiple in an industry is 15. A stock is expected to have an EPS of $5.50 in the coming year. The intrinsic value of the stock should be