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An analyst has gathered the following information for the Oudin Corporation: Expected earnings per share $81.29 Expected dividends per share $46.58 Dividends are expected to

An analyst has gathered the following information for the Oudin Corporation: Expected earnings per share $81.29 Expected dividends per share $46.58 Dividends are expected to grow at 0.06 percent per year indefinitely The required rate of return is 0.12 percent Based on the information provided, the justified forward price/earnings multiple for Oudin is closest to.................... (round it to two points after a decimal if needed (example : 1.01))

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