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Fly Away, Inc., has balance sheet equity of $5.6 million. At the same time, the income statement shows net income of $823,200. The company paid dividends of $452,760 and has 200,000 shares of stock outstanding. If the benchmark PE ratio is 23, what is the target stock price in one year?

Target Stock Price in dollars?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91538733

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