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Fly Away, Inc., has balance sheet equity of $6.3 million. At the same time, the income statement shows net income of $970,200. The company paid
Fly Away, Inc., has balance sheet equity of $6.3 million. At the same time, the income statement shows net income of $970,200. The company paid dividends of $504,504 and has 150,000 shares of stock outstanding. If the benchmark PE ratio is 27, what is the target stock price in one year? It says 174.64 is wrong
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