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Logan Corp is currently trading for $53.32 per share and recently reported $2.91 earnings per share. In two years, you expect the price to be

Logan Corp is currently trading for $53.32 per share and recently reported $2.91 earnings per share. In two years, you expect the price to be $60.4 and the earnings per share to be $2.62. What is the implied percent change in the P/E ratio given your forecast?

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