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The current price of Eagle Corporation stok is $25 per share. Earnings next year (E1) are expected to be $2 per share and dividends are

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The current price of Eagle Corporation stok is $25 per share. Earnings next year (E1) are expected to be $2 per share and dividends are expected to be $1. The estimated appropriate P/E multiple is 12 (based on the average P/E ratio over the last 5 years). What price would you expect for Eagle's stock next year (P1)

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