You have found the following historical information for DEF Company: Year1Year 2Year 3Year 4 Stock Price$47.04$52.45$55.77$60.39 EPS$2.01$2.66$2.87$3.34

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You have found the following historical information for DEF Company:

Year1Year 2Year 3Year 4

Stock Price$47.04$52.45$55.77$60.39

EPS$2.01$2.66$2.87$3.34

Earnings are expected to grow at 6 percent for the next year. Using the company's historical average PE as a benchmark, what is the target stock price in one year?Answer to two decimals.

Posted Date: May 19, 2024 03:10 AM

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You have found the following historical information for DEF Company: Year1Year 2Year 3Year 4 Stock Price$47.04$52.45$55.77$60.39 EPS$2.01$2.66$2.87$3.34

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