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Sally Corp. currently has an EPS of $3.00, and the benchmark PE for the company is 41. Earnings are expected to grow at 4 percent

Sally Corp. currently has an EPS of $3.00, and the benchmark PE for the company is 41. Earnings are expected to grow at 4 percent per year.

1. What is your estimate of the current stock price (P0)?

2. What is the target stock price in year 4 (P4)?

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