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Abercrombie and Fitch (ANF) has a stock price of $21, projected earnings next year of $55 million, and 70 million shares outstanding. The Gap, Inc.

Abercrombie and Fitch (ANF) has a stock price of $21, projected earnings next year of $55 million, and 70 million shares outstanding. The Gap, Inc. (GAP) is projected to have earnings of $1,200 million next year and has 421 million shares outstanding. Using multiples analysis, what is an estimate for GAP

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