You notice that Cilley Sodas has a share price of $$$$41\mathrm{.}91$ and EPS of $$$$1\mathrm{.}89.$ Its competitor Putney Soda has EPS of $$$$3\mathrm{.}98.$ Jenson$,$ a much smaller batch craft soda$$ producer, has a$$ P$/$E ratio of $33.$ Based on this$$ information, what is one estimate of the value of a share of Putney Soda $$stock$?$

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Part $1$

One share of Putney Soda stock is valued at $$$

$$

enter your response here.

$($Round to the nearest$$ cent.$)$