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An analyst argues that Con Ed should be trading at 15 times its next years earnings (the forward earnings EPS1). Con Eds trailing/current EPS (EPS0)

An analyst argues that Con Ed should be trading at 15 times its next years earnings (the forward earnings EPS1). Con Eds trailing/current EPS (EPS0) is $3.00 and its growth is 10%. The analysts target price on Con Ed is _______ $30.00 $15.00 $45.00 $49.50

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