You expect Whirlpool Corporation (WHR) to have earnings per share of $6.10 over the coming year.If the average P/E ratio for the appliance industry sector is 17.0,the value of a share of Whirlpool stock based upon the comparables approach is closest to:
A) $103.75
B) $27.90
C) $35.90
D) $23.10
Correct Answer:
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