You Expect Whirlpool Corporation (WHR)to Have Earnings Per Share of $6.10

question 55

Multiple Choice

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)$103.70.
• B)$27.90.
• C)$35.90.
• D)$23.10.