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A firm has a current EPS of $1.63 and a benchmark PE of 11.7. Earnings are expected to grow 2.6% annually. What is the target

A firm has a current EPS of $1.63 and a benchmark PE of 11.7. Earnings are expected to grow 2.6% annually. What is the target stock price in one year?

Question 3 options:

$19.57
$22.89
$20.14
$19.07
$21.08

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