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NCAAF Co. will have earnings of $4.80 next year. The price of its shares is currently $50. If we believe the stock should sell at
NCAAF Co. will have earnings of $4.80 next year. The price of its shares is currently $50. If we believe the stock should sell at 12.5 times next year's earnings, what do we believe the stock price should be?
Select one:
a.$60.00
b.None of the other answers is correct
c.$50.00
d.$15.00
e.$40.00
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