Fabrizio, Inc

question 64

Multiple Choice

Fabrizio, Inc. is expected to generate earnings of $1.50 per share this year. If the mean price-earnings ratio of competitors in the same industry is 20, then the valuation of Fabrizio's shares is $____.

• A)13.33
• B)3.00
• C)20.00
• D)30.00
• E)None of these are correct.

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