Valuation withprice/earnings multiplesFor the firm shown in the followingtable, use the data given to estimate its common stock value employingprice/earnings (P/E) multiples.(Click on the icon located on thetop-right corner of the data table below in order to copy its contents into aspreadsheet.)

Expected EPS

Price/earnings multiple

$3.29

12.4

The value of thefirm's common stock is $

nothing

.(Round to the nearestcent.)