Question: Problem 8 - 7 P / E Ratio and Stock Price ( LG 8 - 7 ) Ultra Petroleum ( UPL ) has earnings per

Problem 8-7 P/E Ratio and Stock Price (LG8-7)
Ultra Petroleum (UPL) has earnings per share of $171 and a P/E ratio of 33.24.
What's the stock price?
Note: Round your answer to 2 decimal places.
Stock price
Problem 8 - 7 P / E Ratio and Stock Price ( LG 8

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