For gain a better understanding of stock variation and PE, consider that you have found the following

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For gain a better understanding of stock variation and PE, consider that you have found the following historical information for the Daniela Company:

Year 1Year 2Year 3Year 4Stock Price$53.18$62.14$73.21$70.21EPS3.153.353.603.85

Earnings are expected to grow at 8% for the next year.

Using the company's historical average PE as a benchmark, what is the target stock price in 1 year?

Posted Date: May 17, 2024 05:05 PM

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