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Ghost Riders Co. has an EPS of $1.63 that is expected to grow at 8.3 percent per year. If the PE ratio is 18.95 times,

Ghost Riders Co. has an EPS of $1.63 that is expected to grow at 8.3 percent per year. If the PE ratio is 18.95 times, what is the projected stock price in 6 years?

A.$43.42

B.$53.98

C.$46.02

D.$51.91

E.$49.84

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