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A stock is currently selling for $45. Its earnings per share during the last twelve months was $3.2. Analysts' average estimate for the company's earnings
A stock is currently selling for $45. Its earnings per share during the last twelve months was $3.2. Analysts' average estimate for the company's earnings over the next year is $5.6 per share. Analysts also forecast earnings to grow at a 12% annual rate over the next 5 years. What is this stock's PEG? Round to one decimal place.
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