(Answered) New metals has depreciation of 28300 interest expense of

Management Studies

New Metals has depreciation of $28,300, interest expense of $11,400, EBIT of $62,700, a price-earnings ratio of 8.6, a profit margin of 7.2 percent, a tax rate of 34 percent, and 37,500 shares of stock outstanding. What is the market price per share?

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