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Trek Bikes, Inc. does not pay a dividend. It has an expected PE of 6.35 in year 2026 (3 years from now). Forecasted EPS is

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Trek Bikes, Inc. does not pay a dividend. It has an expected PE of 6.35 in year 2026 (3 years from now). Forecasted EPS is $4.93 for year 2026 If you require a 11 percent return on the stock, what is the most you would pay per share? Round your answer to 2 decimals. Fill in the blank

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