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Part $1$

In late$2017,$ Apple had a$$ P$/$E ratio of $18\mathrm{.}6$ and analysts were projecting earnings growth of $14\mathrm{.}86\%$ per year for$2018,2019,$ and $2020.$ What was$$ Apple's PEG$$ ratio?

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Part $1$

The PEG ratio is

$$

enter your response here. $($Round to two decimal$$ places.$)$