Thank-you-taxpayers tyt is a construction company, Financial Management

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Thank-you-taxpayers tyt is a construction company

Thank-You-Taxpayers (TYT) is a construction company specializing in building sports stadiums. Its earnings per share are $5, and it has 1,000,000 shares outstanding. The average P/E ratio of other firms in its industry is 25. Using the trading multiples method, estimate the value of TYT's equity.

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Financial Management: Thank-you-taxpayers tyt is a construction company

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Financial Management: Thank-you-taxpayers tyt is a construction company

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