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Favorita Candy's stock is expected to earn $3.90 per share this year. Its P/E ratio is 17. What is the stock price? (Round your answer

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Favorita Candy's stock is expected to earn $3.90 per share this year. Its P/E ratio is 17. What is the stock price? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Stock price $ 68.00 X

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