Suppose that the average P/E multiple in the oil industry is 20. Dominion Oil is expected to have an EPS of $3.00 in the coming year. The intrinsic value of Dominion Oil stock should be
A) $28.12.
B) $35.55.
C) $60.00.
D) $72.00.
E) None of the options are correct.
Correct Answer:
Verified
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