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3. Suppose a company has a stock price of $35.0 and has had earnings of $1.00 per share during the last twelve months. The consensus

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Suppose a company has a stock price of $35.0 and has had earnings of $1.00 per share during the last twelve months. The consensus analyst forecast for earnings growth over the next five years is 20.0% per year. What is this stock's PEG, rounded to two decimal places?

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