Problem:
RAH Inc. is not public ally traded, but the P/E ratios of its 4 closest competitors are 15, 15,3,15,7', and 16.5. RAH's current earnings per share are $ 1.50. They are expected to grow at 6% for the next few years.
Required:
Question: What is a reasonable price for a share of RAH stock.
Note: Please show guided help with steps and answer.