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Please help You have found the following historical information for the Daniela Company: Earnings are expected to grow at 8 percent for the next year.
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You have found the following historical information for the Daniela Company: Earnings are expected to grow at 8 percent for the next year. Required: What is the PE ratio for each year? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) What is the average PE ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Average PE Using the company's historical average PE as a benchmark, what is the target stock price in one year? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Target price $Step by Step Solution
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