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Costlo Co. just paid total dividends of $165100 and reported additions to retained earnings of $412750. The company has 103500 shares of stock outstanding and

Costlo Co. just paid total dividends of $165100 and reported additions to retained earnings of $412750. The company has 103500 shares of stock outstanding and a benchmark PE of 12 times. What stock price would you consider appropriate?

		82.84
		67.0
		85.76
		58.68
		50.49

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