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Powell Motors has a PIE constant of 20 and 125 million shares outstanding. Analysts forecast net income to be $257.6 million in the next fiscal

Powell Motors has a PIE constant of 20 and 125 million shares outstanding. Analysts forecast net income to be $257.6 million in the next fiscal year. What is the fair price for a share of Powell Motors? The fair price for a share of Powell Motors is $ (Round to two decimal places.)

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