On a particular date, FedEx has a stock price of $88.66 and an EPS of $6.34. Its competitor, UPS, had an EPS of $0.40. What would be the expected price of UPS stock on this date, if estimated using the method of comparables? A) $5.59. B) $8.39. C) $10.49. D) $13.98.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter2: The Domestic And International Financial Marketplace
Section: Chapter Questions
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Provide Answer of this one please need Correct Answer general accounting

On a particular date, FedEx has a stock price of $88.66 and
an EPS of $6.34. Its competitor, UPS, had an EPS of $0.40.
What would be the expected price of UPS stock on this date,
if estimated using the method of comparables?
A) $5.59.
B) $8.39.
C) $10.49.
D) $13.98.
Transcribed Image Text:On a particular date, FedEx has a stock price of $88.66 and an EPS of $6.34. Its competitor, UPS, had an EPS of $0.40. What would be the expected price of UPS stock on this date, if estimated using the method of comparables? A) $5.59. B) $8.39. C) $10.49. D) $13.98.
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