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IY stock sells for $22/ share. The company just reported net income of $20,000,000 and has 15,000,000 shares outstanding What is the company's PE Ratio?

IY stock sells for $22/ share. The company just reported net income of $20,000,000 and has 15,000,000 shares outstanding
What is the company's PE Ratio?
If the average PE ratio in this industry is 20, what can you say about investor's expectations for IY stock?

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