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Netflix (NFLX) earned $3.52 per share in the past twelve months. Because it is a fast-growing company, you believe it should command a relatively high

Netflix (NFLX) earned $3.52 per share in the past twelve months. Because it is a fast-growing company, you believe it should command a relatively high P/E ratio of 50. You therefore believe the share price of NFLX should be:

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