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Frontline has an annual EPS of $2.5. The stock has a beta of 2.2 and an expected return of 21%. Other companies in the same

Frontline has an annual EPS of $2.5. The stock has a beta of 2.2 and an expected return of 21%. Other companies in the same industry has an average P/E ratio of 7.0. What is the value of Frontline stock?

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