ADVANCED ACCT.,SEL.CH.-W/ACCESS>CUSTOM<
14th Edition
ISBN: 9781307566574
Author: Hoyle
Publisher: MCG
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On a particular date, FlexShip has a stock price of $105.40 and an EPS of $8.10. Its competitor, ShipX, had an EPS of $0.52. What would be the expected price of ShipX stock on this date, if estimated using the method of comparables? Answer
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