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The Sleeping Flower Co. has earnings of $1.48 per share.

Requirement 1:

If the benchmark PE for the company is 15, how much will you pay for the stock? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Requirement 2:

If the benchmark PE for the company is 18, how much will you pay for the stock? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91600855

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