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Mac Corp. currently has an EPS of $4, and the benchmark PE for the company is 20. Earnings are expected to grow at 5 percent

Mac Corp. currently has an EPS of $4, and the benchmark PE for the company is 20. Earnings are expected to grow at 5 percent per year.

a. What is your estimate of the current stock price?

b. What is the target stock price in one year?

(answer using Excel format)

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