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The current price of DEF Corporation stock is $ 2 6 . 5 0 per share. Earnings next year should be $ 2 . 6

The current price of DEF Corporation stock is $26.50 per share. Earnings next year should be $2.65 per share and it should pay a $1 dividend. The PE multiple is 15 times on average. What price would you expect for DEF's stock in the future?
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