Answered: ast is considered a comparable Company…

ast is considered a comparable Company to AT&T. It has a P/E ratio of 12.78. Based on that alone, which looks to be a better stock

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter23: Corporate Restructuring

Section: Chapter Questions

Problem 8QTD

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Question

Comcast is considered a comparable Company to AT&T. It has a P/E ratio of 12.78. Based on that alone, which looks to be a better stock buy?

a) AT&T

b) Comcast

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