also, incorrect 70.08

Valuation Using an Income Statement Multiple Hasbro Inc (HAS), a toy manufacturer, reports net income for the recent twelve months of $312.79 million. HAS has 126.2 million shares outstanding. The industry average PE (using the trailing twelve months earnings) for its competitors is 28.27. Using this industry average PE, estimate the intrinsic value of HAS equity per share. Do not round until your final answer. Round answer to two decimal places, $ 70,1 X