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A firm belongs to an industry whose median P / E ratio is 3 5 . 6 3 . This P / E ratio is
A firm belongs to an industry whose median PE ratio is This PE 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. Calculate the expected price of this firm's stock three years from today.
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