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Fly Away, Inc., has balance sheet equity of $5 million. At the same time, the income statement shows net income of $700,000. The company paid
Fly Away, Inc., has balance sheet equity of $5 million. At the same time, the income statement shows net income of $700,000. The company paid dividends of $403,550 and has 100,000 shares of stock outstanding. If the benchmark PE ratio is 14, what is the target stock price in one year
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