What is the estimated price per share of kronlund

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Question - Kronlund Corp., which produces education-related widegets, has net income of $40.6 million, and 9.26 million shares outstanding. Other firms in the same industry have a P/E ratio of 19.9. What is the estimated price per share of Kronlund Corp's stock, using the comparables method?

Reference no: EM133131809

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