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! You notice that Caldwell Sodas has a share price of $40.76 and EPS of $1.94. Its competitor Putney Soda has EPS of $3.81. Joliet,

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You notice that Caldwell Sodas has a share price of $40.76 and EPS of $1.94. Its competitor Putney Soda has EPS of $3.81. Joliet, a much smaller batch craft soda producer, has a P/E ratio of 32. Based on this information, what is one estimate of the value of a share of Putney Soda stock? One share of Putney Soda stock is valued at $ (Round to the nearest cent.)

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