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Ferrell Inc. recently reported net income of $8 million. It has 700,000 shares of common stock, which currently trades at $21 a share. Ferrell continues

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Ferrell Inc. recently reported net income of $8 million. It has 700,000 shares of common stock, which currently trades at $21 a share. Ferrell continues to expand and Do not round intermediate calculations. Round your answer to the nearest cent

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