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Flex Co . just paid total dividends of $ 1 , 1 2 5 , 0 0 0 and reported additions to retained earnings of

Flex Co. just paid total dividends of $1,125,000 and reported additions to retained earnings of $3,375,000. The company has 735,000 shares of stock outstanding and a benchmark PE of 17.50 times. What stock price would you consider appropriate? $96.43 $26.79 $80.36 $107.14 $101.79

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