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value: 10.00 points Last year, Rec Room Sports reported earnings per share of $9.20 when its stock price was $294.40. This year, its earnings increased

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value: 10.00 points Last year, Rec Room Sports reported earnings per share of $9.20 when its stock price was $294.40. This year, its earnings increased by 25 percent. If the P/E ratio remains constant, what is likely to be the price of the Stock? (Round your answer to 2 decimal places.) Price of the stock

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