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Question 4 4 pts Cleveland Corporation has 150,000 shares of common stock outstanding. The company's net income is $750,000 and its P/E (pricelearnings per share)

Question 4 4 pts Cleveland Corporation has 150,000 shares of common stock outstanding. The company's net income is $750,000 and its P/E (pricelearnings per share) ratio is 8.0. What is the company's stock price? $50.00 $60.00 $40.00 $70.00 $80.00

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