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Please use excel when possible. Thanks! 7. Mac Corp. currently has an EPS of $4, and the benchmark PE for the company is 20. Earnings

Please use excel when possible. Thanks!
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7. 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? ( 2 points) b. What is the target stock price in one year? ( 3 points)

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