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You are considering a company in an industry where companies tend to trade at a forward looking price to earnings ratio of 14.6. If you

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You are considering a company in an industry where companies tend to trade at a forward looking price to earnings ratio of 14.6. If you project that this company will have earnings per share of $5.92 next year, and you think that its growth prospects are in line with the industry, what price would you value the shares at

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