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Tyson's company had earnings per share of $4.88 last year. The firms earnings are expected to grow by 4.25%. You are looking at the industry
Tyson's company had earnings per share of $4.88 last year. The firms earnings are expected to grow by 4.25%. You are looking at the industry average P/E ratio of 19.5 times and think that it is the P/E benchmark applicable for the firm. What is the expected stock price next year?
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