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Problem 8-13 P/E Ratio and Stock Price (LG8-7) Ultra Petroleum (UPL) has earnings per share of $1.49 and a P/E ratio of 32.80. Whats the

Problem 8-13 P/E Ratio and Stock Price (LG8-7)

Ultra Petroleum (UPL) has earnings per share of $1.49 and a P/E ratio of 32.80.

Whats the stock price? (Round your answer to 2 decimal places.)

Stock price $

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