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7. As an analyst for Morgan, you project Google to earn $80 a share next year, if you use a forward P/E of 15X, what

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7. As an analyst for Morgan, you project Google to earn $80 a share next year, if you use a forward P/E of 15X, what is the value of Google today? What is the value of Google if you use a trailing P/E of 20X? Assume a Ke of 20%

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