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Suppose Air Canada Has a Current Share Price of $10

Question 75

Multiple Choice

Suppose Air Canada has a current share price of $10.50 and an EPS of 1.12.Its competitor,WestJet,has an EPS of 3.13.Using the method of comparables,what is the expected price of WestJet stock?


A) $29.34
B) $3.76
C) $32.87
D) $36.81
E) $25.64

Correct Answer:

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