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AviBank Plastics generated an EPS of $2.87 over the last 12 months. Thecompany's earnings are expected to grow by 24.8% nextyear, and because there will

AviBank Plastics generated an EPS of $2.87 over the last 12 months. Thecompany's earnings are expected to grow by 24.8% nextyear, and because there will be no significant change in the number of sharesoutstanding, EPS should grow at about the same rate. You feel the stock should trade at aP/E of around 26 times earnings. Use theP/E approach to set a value on this stock.

Using theP/E approach, what is the value on this stock?

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