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The Sleeping Flower Co. has earnings of $1.54 per share. Requirement 1: If the benchmark PE for the company is 18, how much w
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Answer #1
Requirement 1:
Current Stock Price = Earning Per Share * PE
= $ 1.54 * 18
= $ 27.72
Requirement 2:
Current Stock Price = Earning Per Share * PE
= $1.54 * 21
= $ 32.34
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