Question: Saveu Help Save & Exit Submit Check my work You have found the following historical information for the Daniela Company o past four years: Stock

 Saveu Help Save & Exit Submit Check my work You have

Saveu Help Save & Exit Submit Check my work You have found the following historical information for the Daniela Company o past four years: Stock price EPS Year 1 $ 5115 2.62 Year 2 $60.32 2.74 Year 3 $69.54 3.02 Year 4 $63.00 3.18 Earnings are expected to grow at 12 percent for the next year. Using the historical average PE as a benchmark, what is the target stock price one today? (Do not round intermediate calculations and round your answer to places, e.g., 32.16.) Target stock price 454 PM * 09 4/11/2020

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