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The P/E ratio of the S&P 500 should be 18 based on historical analysis and your projection of thefuture. If the earnings of the S&P

The P/E ratio of the S&P 500 should be 18 based on historical analysis and your projection of thefuture. If the earnings of the S&P 500 are currently $40 then the S&P 500 should be at:

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