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Multiple Choice $55.76 $54.38 $53.00 $47.66 $50.38 Rise Above This has sales per share of $20.31 that is expected to grow at 5.2 percent per year. The PS ratio is 1.83 times. What is the projected stock price in 7 years? Multiple Choice $55.76 $54.38 $53.00 $47.66 You have found the following historical information for the Daniela Company: Earnings are expected to grow at 11 percent for the next year. Using the company's historical average PE as a benchmark, what is the target stock price in one year? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16