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Perine, Inc., has balance sheet equity of $6.8 million. At the same time, the income statement shows net income of $815,000. The company paid dividends of $285,000 and has 245,000 shares of stock outstanding. If the benchmark PE ratio is 16, what is the target stock price in one year
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Perine, Inc., has balance sheet equity of $6.8 million. At the same time, the income statement shows...
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