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You are planning to invest in a mutual fund that mimics the SP500 Index. You estimate that for SP500 the PE Ratio for NTM is
You are planning to invest in a mutual fund that mimics the SP500 Index. You estimate that for SP500 the PE Ratio for NTM is 14, and the EPS for NTM is 34.
What will be the share price for each share of the fund?
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