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Save pt 10 of 27 (0 complete) HW Score: 0%, 0 of 27 pts P 10-10 (similar to) Question Help You are evaluating the stock

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Save pt 10 of 27 (0 complete) HW Score: 0%, 0 of 27 pts P 10-10 (similar to) Question Help You are evaluating the stock price of Kroger, a grocery store chain. It has forward earnings per share of $2.95 You notice that its competitor Safeway has a P/E ratio of 14. What is a good estimate of Kroger's stock price? The stock price will be $. (Round to the nearest cent.)

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