On a particular date, Microsoft has a stock price of $420.30 and an EPS of $11.20. Its competitor, Google, had an EPS of $2.45. What would be the expected price of Google stock on this date, if estimated using the method of comparables? A) $91.82 B) $78.45 C) $82.56 D) $95.30

On a particular date, Microsoft has a stock price of $420.30 and an EPS of $11.20. Its competitor, Google, had an EPS of $2.45. What would be the expected price of Google stock on this date, if estimated using the method of comparables? A) $91.82 B) $78.45 C) $82.56 D) $95.30

Fundamentals Of Financial Management, Concise Edition (mindtap Course List)

10th Edition

ISBN:9781337902571

Author:Eugene F. Brigham, Joel F. Houston

Publisher:Eugene F. Brigham, Joel F. Houston

Chapter9: Stocks And Their Valuation

Section: Chapter Questions

Problem 1TCL

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Question

On a particular date, Microsoft has a stock price of $420.30 and EPS of $11.20.... please answer the financial accounting question

On a particular date, Microsoft has a stock price of
$420.30 and an EPS of $11.20. Its competitor, Google,
had an EPS of $2.45. What would be the expected price
of Google stock on this date, if estimated using the
method of comparables?
A) $91.82
B) $78.45
C) $82.56
D) $95.30

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