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Lucky Smart historically has had a P/E ratio of 21 . This ratio is considered a good estimate of the future ratio. The firm currently

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Lucky Smart historically has had a P/E ratio of 21 . This ratio is considered a good estimate of the future ratio. The firm currently has EPS of $1.50. These earnings are expected to increase by 8% next year. What is the expected price of this stock one year from now? Cannot be determined. $22. $35.64. $30.56. $34

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