Louisiana State University, Shreveport FIN FIN 701 new metals inc has depreciation $28,300, interest expense $11,400,…
new metals inc has depreciation $28,300, interest expense $11,400, EBIT of $62,700, a price to earnings ratio of 8.6, a profit margin of 7.2 percent, a tax rate of 34%, and 37,500 shares of stock outstanding. What is the market price per share?
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