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2 A firm belongs to an industry whose median P E ratio is 2 3 . 9 8 . This P E ratio is expected
A firm belongs to an industry whose median ratio is This ratio is expected to be constant in the next several years. The firm's earnings per share this year EPS is $ The earnings per share is expected to grow at a rate of percent per year in the next five years. Use this information to estimate the current stock value.
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