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16 December, 20:55

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 estimatedusing the method of comparables? A) $4.77B) $7.16C) $9.54D) $10.50

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  1. 16 December, 21:09
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    A) $4.77

    Explanation:

    Here FedEx stock price = $89.27

    Fed Ex EPS = $7.11

    UPS EPS = $0.38

    UPS stock price = ?

    By method of comparables,

    FedEx Stock Price/FedEx EPS = UPS stock price/UPS EPS

    89.27/7.11 = UPS Stock price/0.38

    UPS Stock price = 89.27*0.38/7.11 = $4.77
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Home » Business » 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 estimatedusing the method of comparables? A) $4.77B) $7.16C) $9.
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