You are contemplating selling your family business. The company had $58 in earnings last year but those earnings have to be adjusted for a one-off cost relating to a lawsuit settlement of $100. The earnings, adjusted for the one-off cost, are expected to grow 2% for the next fiscal year. According to an investment bank you've hired as your advisor, similar companies have sold at a forward P/E multiple of 11x. Based on the comparable companies, what can you expect the sales price to be? Provide your answer as an integer, i.e. no decimal points, and no thousand separator if applicable! You Answered Correct answer 1,773 margin of error +/- 1