You notice that Coca-Cola has a stock price of $57.88 and EPS of $1.94. Its competitor PepsiCo has EPS of 7.94. But, Jones Soda, a small batch craft soda producer has a PE ratio of 35.15. Based on this information, what is one estimate of the value of a share of PepsiCo stock? One share of PepsiCo stock is valued at $(Round to the nearest cent)
You notice that Coca-Cola has a stock price of $57.88 and EPS of $1.94. Its competitor PepsiCo has EPS of 7.94. But, Jones Soda, a small batch craft soda producer has a PE ratio of 35.15. Based on this information, what is one estimate of the value of a share of PepsiCo stock? One share of PepsiCo stock is valued at $(Round to the nearest cent)
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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![You notice that Coca-Cola has a stock price of $57.88 and EPS of $1.94. Its competitor PepsiCo has EPS of 7.94. But, Jones Soda, a small batch craft soda producer has a P/E ratio of 35.15. Based
on this information, what is one estimate of the value of a share of PepsiCo stock?
One share of PepsiCo stock is valued at :
(Round to the nearest cent)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0aeb2dcd-b77c-49e0-b586-176856f78e71%2F97aeffde-c0a8-4714-af32-249bf4dbfaa4%2Fpspgp9_processed.jpeg&w=3840&q=75)
Transcribed Image Text:You notice that Coca-Cola has a stock price of $57.88 and EPS of $1.94. Its competitor PepsiCo has EPS of 7.94. But, Jones Soda, a small batch craft soda producer has a P/E ratio of 35.15. Based
on this information, what is one estimate of the value of a share of PepsiCo stock?
One share of PepsiCo stock is valued at :
(Round to the nearest cent)
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