Solution for QID #3336: a small new zealand firm has earnings of nz$ 10 million. the | StudyHelpMe

a small new zealand firm has earnings of nz$ 10 million. the average p/e ratio of publicly traded new zealand firms in the same industry is 16. this firm is considering the possibility of going public and issuing 20 million shares. its growth potential and other characteristics are similar to other publicly traded firms in the industry. calculate the firm's total market value. calculate value per share