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Business, 08.04.2021 18:00 evazquez

Flex Co. just paid total dividends of $725,000 and reported additions to retained earnings of $2,175,000. The company has 575,000 shares of stock outstanding and a benchmark PE of 15.9 times. What stock price would you consider appropriate?

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Flex Co. just paid total dividends of $725,000 and reported additions to retained earnings of $2,175...
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