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The copitel structure for Coin Supplies is: Compute the stock price for Cain if it sells at 2 0 times earnings per share and EBIT

The copitel structure for Coin Supplies is:

Compute the stock price for Cain if it sells at

20

times earnings per share and EBIT is $

88, 000 .

The tox rate is

30

percent.

(

Do not

round Intermedlate calculations. Round your answer to

2

decimal places.

)

Stock price

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