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Slade Corp. currently has an EPS of $8.95 per share and the benchmark PE for the company is 14.5. Earnings are expected to grow at

Slade Corp. currently has an EPS of $8.95 per share and the benchmark PE for the company is 14.5. Earnings are expected to grow at 4% per year. Calculate estimated value per share of the company's stock. (Round 2 decimals)

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