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TargetCo has earnings per share of $3.60,1 million shares, and a price per share of $39.10. If companies in the same industry as TargetCo are

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TargetCo has earnings per share of $3.60,1 million shares, and a price per share of $39.10. If companies in the same industry as TargetCo are trading at multiples of 16 times earnings, what would be one estimate of an appropriate premium for TargetCo

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