Question: Finance Chapter 8 and 12 Help You have found the following historical information for the Daniela Company over the past four years: Earnings are expected

Finance Chapter 8 and 12 Help

Finance Chapter 8 and 12 Help You have found the following historical

You have found the following historical information for the Daniela Company over the past four years: Earnings are expected to grow at 17 percent for the next year. Using the company's historical average PE as a benchmark, what is the target stock price one year from today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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