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Frim W had a P/E of 10.57. Current net income is $90,000. with 80,000 shares outstanding. EPS growth rate is 4%. what is the expected

Frim W had a P/E of 10.57. Current net income is $90,000. with 80,000 shares outstanding. EPS growth rate is 4%. what is the expected price of this stock one year from now?

a. 12.99

b. 13.43

c. 11.89

d. 12.37

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