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The capital structure of Cain is presented below: Compute the stock price for Cain Auto Supplies if it sells at 15 times EPS and EBIT

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The capital structure of Cain is presented below: Compute the stock price for Cain Auto Supplies if it sells at 15 times EPS and EBIT is $78,000 (assume a 10 percent tax rate). (Do not round intermediate calculations. Round the final answer to 2 decimal places.)

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