Question: # 3 Georges Classics common stock normally sells for 19 times its earnings; that is, its P/E ratio equals 19. If GCs earnings per share
# 3 Georges Classics common stock normally sells for 19 times its earnings; that is, its P/E ratio equals 19. If GCs earnings per share are $5.00, what should be its stock price under normal circumstances? Round your answer to the nearest dollar. Solve using a financial calculator and show inputs.
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