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Miller's Farm has 100,000 shares of stock outstanding, sales of $1,550,000, and net income of $95,000. Financial analysts believe the price-earnings ratio for this firm

Miller's Farm has 100,000 shares of stock outstanding, sales of $1,550,000, and net income of $95,000. Financial analysts believe the price-earnings ratio for this firm should be 15.8. Given this information, what is the current stock price?

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