Question: ing.com Home X -- Chia 11 Homework Assignment Saved Help Seve st Check Last year, Rec Room Sports reported earnings per share of $8.20 when

 ing.com Home X -- Chia 11 Homework Assignment Saved Help Seve

ing.com Home X -- Chia 11 Homework Assignment Saved Help Seve st Check Last year, Rec Room Sports reported earnings per share of $8.20 when its stock price was $180.40. This year, its earnings increased by 20 percent. If the P/E ratio remains constant, what is likely to be the price of the Stock? (Round your answer to 2 decimal places.) Price of the stock rint Ne

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