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Problem 8-12 Stock Valuation and PE [LO2] The Dahlia Flower Company has earnings of $1.50 per share. The benchmark PE for the company is 12.
Problem 8-12 Stock Valuation and PE [LO2]
| The Dahlia Flower Company has earnings of $1.50 per share. The benchmark PE for the company is 12. |
| 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 15? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
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