Question: 1. A stock has earned $3.54 per share before dividends. They have a DPR of 35%. Similar stocks have P/E ratios of 15.3. What is

1. A stock has earned $3.54 per share before dividends. They have a DPR of 35%. Similar stocks have P/E ratios of 15.3. What is your expected price target if the company earns $3.97 per share next year?

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