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  3. a share of xz ltd. has current market price of $40

A share of XZ Ltd. has current market price of $40 and it's EPS for...

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Question

Accounting

A share of XZ Ltd. has current market price of $40 and it's EPS for current period is reported as $3. Assuming a industry average P/E ratio of 4, the firms per share value would be?
Select one:
a. 12.33$
b. 12$
c. 13.33$
d. 15.33$

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