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1. a competitor has 25 million shares outstanding at a stock price of $36 and expected annual net income of $50 million dollars. what is

1. a competitor has 25 million shares outstanding at a stock price of $36 and expected annual net income of $50 million dollars. what is the competitors P/E ratio? If our company's expected annual net income is $100 million and our shares outstanding total 20 million, then what is an appropriate valuation for our stock?

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