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RAK, Inc., currently has an EPS of $1.30 and an earnings growth rate of 6.5 percent. If the benchmark PE ratio is 30, what is

RAK, Inc., currently has an EPS of $1.30 and an earnings growth rate of 6.5 percent. If the benchmark PE ratio is 30, what is the target share price five years from now? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Target share price

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