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A firm has a price of $36 and a projected EPS of $2. If the firm P/E become equals to the industry P/E of 21,

A firm has a price of $36 and a projected EPS of $2. If the firm P/E become equals to the industry P/E of 21, what would be the stock price return?

A. 20.25% B. 18.33% C. 16.67% D. 22.00%

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