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Question 11 (of 12) Problem 7-29 Stock Valuation and PE LO 2] Davis, Inc., currently has an EPS of $1.89 and an earnings growth rate

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Question 11 (of 12) Problem 7-29 Stock Valuation and PE LO 2] Davis, Inc., currently has an EPS of $1.89 and an earnings growth rate of 6 percent. The benchmark PE ratio is 20 What is the target share price six years from now? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) References eBook &Resources eBook: 7.1 Common Stock Valuation Check my work

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