The current market price per share is $32.Earnings per share for income from continuing operations is $10.00 per share.Earnings per share for net income is $5.00 per share.The investment capitalization rate is 10%.What is the estimated value of the stock per share?
A) $10.00
B) $50.00
C) $100.00
D) $320.00
Correct Answer:
Verified
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