Question: A stock trades for $91 has a book value per share of $35, analysts' EPS forecast for year 1 is $14. The required return

A stock trades for $91 has a book value per share of

A stock trades for $91 has a book value per share of $35, analysts' EPS forecast for year 1 is $14. The required return is 14%. What is the speculative value implied by the observed market price? (Please ignore the S sign when submitting your answer as the system will not read it).

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