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Equity: Calculating Price Assume for the S&P 500 that the starting P/E at the end of 2020 is 27the ending P/E at the end of 2021 is 22, the dividend yield is 1% at the beginning of 2021, the 2020 EPS is $119, and EPS grows 65% in 2021. What is the ending 2021 PRICE of the S&P 500? How to enter answer: Enter your answer as a decimal with two decimal points without the dollar sign. For instance, if your answer is $121.22, enter your answer as 121.22. Hint: This question essentially gives you the data for the S&P 500 except for the ending EPS which you must calculate based on the growth rate. The growth in this question is different for various students and is like in reality where we really don't know the final EPS until 2021 is over. I'm being really nice with this hint here... EPS in 2021 2020 EPS (1 + growth rate)