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Company Z has sales of $3,000,000, net income of $600,000, total assets of $1,000,000 and 800,000 shares of common stock outstanding. If Company Z's P/E

Company Z has sales of $3,000,000, net income of $600,000, total assets of $1,000,000 and 800,000 shares of common stock outstanding. If Company Z's P/E ratio is 25, what is the company's current stock price?

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