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Assume that Dell has the following information. 2011 2012 2013 2014 2015 2016 2017 P/E 2 2 2 2 2 2 2 Mkt/Book 3 3

Assume that Dell has the following information.

2011 2012 2013 2014 2015 2016 2017

P/E 2 2 2 2 2 2 2 Mkt/Book 3 3 3 3 3 3 3

-Assume that earnings per share next year will be $8 per share.

-Assume that EBIT per share next year will $10 per share.

What do you expect the stock price (per share) to be in 2018?

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