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Use consensus EPS of the S&P 500 of $170/share, growth of 3.2%, current book value per share of $1,700 to estimate the fair value of

Use consensus EPS of the S&P 500 of $170/share, growth of 3.2%, current book value per share of $1,700 to estimate the fair value of the S&P 500 index. The cost of equity is 6.5%.

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