Question 15 2 pts At year end, Malta Company balance sheet showed total assets of $80 million, total liabilities of $37 million, and 1,500,000 shares of common stock outstanding. Next year, Malta is projecting that it will have net income of $3.25 million. If the average P/E multiple in Malta's industry is 15. (and this is an average stock) what should be the price of Malta's stock? $32.50 e$34.22 $31.50 $25.00