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1. The FIN340 Company has a net profit margin of 9.00% on annual sales of $226,500,000 and the firm has 1,980,000 shares outstanding. If the

1. "The FIN340 Company has a net profit margin of 9.00% on annual sales of $226,500,000 and the firm has 1,980,000 shares outstanding. If the firm's P/E ratio is 13.20, how much is the stock currently selling for?"

$124.68

"$1,645.76 "

$148.13

$135.90

"$1,510.00 "

"$1,645.90 "

$114.39

2. "Financial analysts forecast the FIN340 Company annual, sustainable growth for the future to be 7.10% per year and their most recent annual dividend paid was $3.85 - What is the value of FIN340 Company stock if the required rate of return is 14.90%?"

$52.86

$49.36

$56.71

$46.09

$62.30

$56.62

$60.74

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