Estimate of the value of share of stock

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You notice that Coca-Cola has a stock price of $41.81 and EPS of $1.97. Its competitor PepsiCo has EPS of $4.31. But, Jones Soda, a small batch Seattle-based soda producer has a P/E ratio of 34.4. Based on this information, what is one estimate of the value of a share of PepsiCo stock?

One share of PepsiCo stock is valued at $ (Round to the nearest cent.)

Reference no: EM131617927

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