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Heckle Co. currently has a PE ratio of 12.32 and has EPS of $4.36. Heckle has just created an innovative product that will help increase

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Heckle Co. currently has a PE ratio of 12.32 and has EPS of $4.36. Heckle has just created an innovative product that will help increase sales. It is expected that Heckle's PE ratio will increase to 15 and its EPS will increase to $6.00. What is the percent increase in the stock price from now until next year? a. 82.50% b. 75.00% c. 67.55% d. 65.00%

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