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A company has depreciation expense of $28,300, interest expense of 11,400, EBIT of $62,700, a price-earnings ratio of 8.6, a net profit margin of 7.2
A company has depreciation expense of $28,300, interest expense of 11,400, EBIT of $62,700, a price-earnings ratio of 8.6, a net profit margin of 7.2 percent, a tax rate of 21 percent, and 37,500 shares of stock outstanding, What is the market price per share?
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