Molson Coors Has Expected Earnings Per Share of $4 A)$5200
B)$53

Molson Coors has expected earnings per share of $4.47. Financial data for its two closest competitors are given in the table below. If their average performance (and valuation) represents the best benchmark for Molson Coors, then what is the best estimate of Molson Coors' fair stock price? Selected Financial Information for selected brewing companies
(All values in millions. Currency = US Dollars.)
$$\begin{array} { | l | l | l| } \hline & \begin{array} { l } \text { Anheuser } \\\text { Busch }\end{array} & \\&& \text { Heineken } \\\hline \text { Net Income } & \$ 4,820 \mathrm { M } & \$ 1,981 \mathrm { M } \\\hline \text { \# Shares } & & \\\text { Outstanding } & 1,590 \mathrm { M } & \$ 63 \mathrm { M } \\\hline \text { EPS } & 3.0314 & 3.5187 \\\hline \text { Price } & \$ 54 & \$ 50 \\\hline\end{array}$$

A) $52.00
B) $53.46
C) $63.52
D) $71.56
E) $79.63