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Next year, the earnings of NLK Ltd are forecast to be $0.33 per share, and it is expected to pay $0.10 as dividends. On average,
Next year, the earnings of NLK Ltd are forecast to be $0.33 per share, and it is expected to pay $0.10 as dividends. On average, the shares trade at a P/E multiple of 10.2 times. Using the P/E multiple approach to valuation, at what price would you expect ABCs shares to trade in the future?
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