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Fix it co. just paid total dividends of 1,025,000 and reported additions to retained earnings of 3,075,000. The company has 695,000 shares of stock outstanding
Fix it co. just paid total dividends of 1,025,000 and reported additions to retained earnings of 3,075,000. The company has 695,000 shares of stock outstanding and a benchmark PE of 17.1 times. What stock price would you consider appropriate?
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