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Seger Corporation just announced earnings of $8 per share. Earnings are expected to grow at 13.12% over the next one year. The market estimates the

Seger Corporation just announced earnings of $8 per share. Earnings are expected to grow at 13.12% over the next one year. The market estimates the P/E ratio for this company at 18.50 and it is expected to hover around this number until the end of next year. What should be the price per share of Seger Corporation at the end of next year? Enter your answer without the $ sign and rounded to two decimal places.

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