Sankey Company has earnings per share of $$3\mathrm{.}30.$ The benchmark PE is $17\mathrm{.}5$ times. What stock price would you consider appropriate?

Multiple Choice

$$55\mathrm{.}39$

$$50\mathrm{.}91$

$$20\mathrm{.}80$

$$57\mathrm{.}75$

$$53\mathrm{.}03$