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Shuttle Pvt. Ltd is expected to earn $2.50 per share next year. This expectation is based on an analysis of the firm's historical earnings which

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Shuttle Pvt. Ltd is expected to earn $2.50 per share next year. This expectation is based on an analysis of the firm's historical earnings which have been growing annually by an average 25%. The average price earnings ratio for firms in the same industry is 7 . a. What are the earnings per share for the current year? b. What is the fair value of a share

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