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