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Northern Energy Company has aseets of $7,000,000, liabilities of $4,000,000 and $500,000 in preferred stock outstanding. Four hundred thousand common stock shares have been issued.
Northern Energy Company has aseets of $7,000,000, liabilities of $4,000,000 and $500,000 in preferred stock outstanding. Four hundred thousand common stock shares have been issued. if the firm has earnings per share of $1.10 andand a P/E ratioof 15 what is the stock price per share
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