Davis, Inc., currently has an EPS of $2 and an earnings growth rate of 8 percent. If

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Davis, Inc., currently has an EPS of $2 and an earnings growth rate of 8 percent. If the benchmark PE ratio is 22, what is the target share price five years from now?

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Fundamentals of corporate finance

ISBN: 978-0078034633

10th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Mar 13, 2014 08:21 AM

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Davis, Inc., currently has an EPS of $2 and an earnings growth rate of 8 percent. If

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Fundamentals of corporate finance

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