On a Particular Date, FedEx Has a Stock Price of $89.27

question 13

Multiple Choice

On a particular date, FedEx has a stock price of $89.27 and an EPS of $7.11. Its competitor, UPS, had an EPS of $0.38. What would be the expected price of UPS stock on this date, if estimated using the method of comparables?

• A) $4.77
• B) $7.16
• C) $9.54
• D) $10.50