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The FIN340 Company has a net profit margin of 8.75% on annual sales of $86,500,000 and the firm has 980,000 shares outstanding. If the firm's
"The FIN340 Company has a net profit margin of 8.75% on annual sales of $86,500,000 and the firm has 980,000 shares outstanding. If the firm's P/E ratio is 7.2, how much is the stock currently selling for?"
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