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Currently, a firm has an EPS of $4.99and a benchmark PE of 22.05. Earnings are expected to grow by 3.8 percent annually. What is the

Currently, a firm has an EPS of $4.99and a benchmark PE of 22.05. Earnings are expected to grow by 3.8 percent annually. What is the estimated current stock price?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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