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UltraPetroleum(UPL)hasearningspershareof$1.56andaP/Eratioof32.48.Whatisthestockprice? Explain how the P/E model computes what is referred to as the stock's relative value.

UltraPetroleum(UPL)hasearningspershareof$1.56andaP/Eratioof32.48.Whatisthestockprice?
- Explain how the P/E model computes what is referred to as the stock's relative value.

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