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Davis, Inc., currently has an EPS of $2.31 and an earnings growth rate of 6 percent. The benchmark PE ratio is 25. What is the

Davis, Inc., currently has an EPS of $2.31 and an earnings growth rate of 6 percent. The benchmark PE ratio is 25. 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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