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Domergue Corp. currently has an EPS of $3.00, and the benchmark PE for the company Is 29. Earnings are expected to grow at 5 percent
Domergue Corp. currently has an EPS of $3.00, and the benchmark PE for the company Is 29. Earnings are expected to grow at 5 percent per year a. What is your estimate of the current stock price? (Do not round Intermediate calculetions and round your answer to 2 declmal places, e.g., 32.16.) and round your answer to 2 declmal places, e.g., 32.16.) company's stock over the next year? (Do not round Intermediate calculatlons. Enter b. What Is the target stock price In one year? (Do not round Intermediate calculatlons | c. Assuming the company pays no dividends, what is the implied return on the your answer as a percent rounded to 2 declmal places, e.g., 32.16.) a. Current stock price b. Target stock price c. Implied return of stock
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