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The Sleeping Flower Co. has earnings of $2.25 per share. The benchmark PE for the company is 15. What stock price would you consider appropriate?

The Sleeping Flower Co. has earnings of $2.25 per share. The benchmark PE for the company is 15.

What stock price would you consider appropriate? (Round your answer to 2 decimal places. (e.g., 32.16))

Stock price $

What if the benchmark PE were 18? (Round your answer to 2 decimal places. (e.g., 32.16))

Stock price $

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