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3. Suppose the expected net income of Camong Inc. is $2,000,000, and there is 500,000 shares outstanding. The company's PE ratio in last year is

3. Suppose the expected net income of Camong Inc. is $2,000,000, and there is 500,000 shares outstanding. The company's PE ratio in last year is 10, what is the expected stock price today? (15 points) Show your calculation to get full points

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