The Multiplier Approach for Estimating the Intrinsic Market Value of a Major

Multiple Choice

The multiplier approach for estimating the intrinsic market value of a major stock market series requires the following step(s) :

A) Estimating the future earnings per share for the stock market series
B) Estimating the appropriate earnings multiplier for the stock market series
C) Estimating long-run required rates of return and growth rates
D) Both a and b
E) All of the above