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TargetCo has earnings per share of $3.50, 7 million shares, and a price per share of $44. If companies in the same industry as TargetCo

TargetCo has earnings per share of $3.50, 7 million shares, and a price per share of $44. If companies in the same industry as TargetCo are trading at multiples of 15 times earnings, what would be one estimate of an appropriate premium for TargetCo?

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