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TargetCo has earnings per share of $3.70, 1.1 million shares, and a price per share of $40.30. If companies in the same industry as TargetCo

TargetCo has earnings per share of $3.70, 1.1 million shares, and a price per share of $40.30. If companies in the same industry as TargetCo are trading at multiples of 14 times earnings, what would be one estimate of an appropriate premium for TargetCo?

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