Problem 8-12 Stock Valuation and PE (LO2) The Dahlia Flower Company has earnings of $1.45 per share the benchmark PE for the company is 14. a. What stock price would you consider appropriate? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What if the benchmark PE were 17? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Stock price at a PE of 14 b. Stock price at a PE of 17