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Davis, Inc., currently has an EPS of $2.19 and an earnings growth rate of 7.5 percent. The benchmark PE ratio is 21. What is the

Davis, Inc., currently has an EPS of $2.19 and an earnings growth rate of 7.5 percent. The benchmark PE ratio is 21. What is the target share price four years from now? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Target stock price?

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