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Suppose That the Average P/E Multiple in the Gas Industry

Question 72

Multiple Choice

Suppose that the average P/E multiple in the gas industry is 17.KMP is expected to have an EPS of $5.50 in the coming year.The intrinsic value of KMP stock should be


A) $28.12.
B) $93.50.
C) $63.00.
D) $72.00.

Correct Answer:

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