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Costlo Co. just paid total dividends of $331900 and reported additions to retained earnings of $663800. The company has 58099 shares of stock outstanding and

Costlo Co. just paid total dividends of $331900 and reported additions to retained earnings of $663800. The company has 58099 shares of stock outstanding and a benchmark PE of 14 times. What stock price would you consider appropriate?

		296.32
		197.7
		273.5
		172.56
		239.93

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