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Stephenson Real Estate Company was founded 25 years ago by thecurrent CEO Robert Stephenson. The company purchases realestate including land and buildings and rents the property totenants. The company has been very profitable in the past. Howeverthe company also saw some drawbacks in the past when some of itsinvestments went bankrupt and made the company very averse to debtfinancing. For that reason the company is 100 percent equityfinanced with 12 million shares of common stock outstanding. Thestock is currently trades at 31.40 LE (Egyptian Pound).