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A company has net income of $3,240,000. It also has 450,000 weighted-average common shares outstanding and a price-earnings ratio of 20.2. What is the market

A company has net income of $3,240,000. It also has 450,000 weighted-average common shares outstanding and a price-earnings ratio of 20.2. What is the market value per share of this company's stock?

$2,805.56

$2.85

$22,277

$145.44

$.36

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