What stock price would you consider appropriate, Finance Basics

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What stock price would you consider appropriate

Problem

Flex Company just paid total dividends of $675,000 and reported additions to retained earnings of $2,025,000. The company has 555,000 shares of stock outstanding and a benchmark PE of 15.7 times. What stock price would you consider appropriate?

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Finance Basics: What stock price would you consider appropriate

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Finance Basics: What stock price would you consider appropriate

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