Barkley Inc. has earnings per share of $$3\mathrm{.}45.$ The benchmark PE is $17\mathrm{.}8$ times. What stock price would you consider appropriate?

Multiple Choice

$$56\mathrm{.}50$

$$49\mathrm{.}53$

$$51\mathrm{.}59$

$$61\mathrm{.}41$

$$21\mathrm{.}25$