Answers
(a)-The stock price using the P/E ratio valuation method
The stock price using the P/E ratio valuation method is calculated by multiplying the Earnings per share (EPS) with the P/rice-earnings (P/E) ratio
Hence, the stock price using the P/E ratio valuation method = Earnings per share x Price-Earnings ratio
= $8.00 per share x 8.000 Times
= $64.00 per share
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