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Builtrite has reported that its net profits after tax was $1,800,000. The firm has 300,000 shares outstanding and a P-E ratio of 12. What is

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Builtrite has reported that its net profits after tax was $1,800,000. The firm has 300,000 shares outstanding and a P-E ratio of 12. What is the firm's stock price? $48 $60 0 0 0 $65 $72 $80 The current t-bill rate is 2.5% and the inflationary premium is 2%. What is the risk-free rate? 1.5% 2.5% 3.5% 4.5% 5.5%

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