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The capital structure of Cain is presented below: Compute the stock price for Cain Auto Supplies if it sells at 16 times EPS and EBIT

image text in transcribed The capital structure of Cain is presented below: Compute the stock price for Cain Auto Supplies if it sells at 16 times EPS and EBIT is $56,000 (assume a 20 percent tax rate). (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Stock price

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