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3) ABC has a net profit margin of 3.8 percent on sales of $10,000,000. The firm has 250,000 shares outstanding. If the firm's P/E is
3) ABC has a net profit margin of 3.8 percent on sales of $10,000,000. The firm has 250,000 shares outstanding. If the firm's P/E is 15 times, how much is the stock selling for?
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