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value 8.00 points Last year, Rec Room Sports reported eamings per share of $9.40 when its stock price was $319.60. This year its earnings increased

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value 8.00 points Last year, Rec Room Sports reported eamings per share of $9.40 when its stock price was $319.60. This year its earnings increased by 20 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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