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You have found the following historical information for the Daniela Company: Earnings are expected to grow at 12 percent for the next year. Using the

image text in transcribed You have found the following historical information for the Daniela Company: Earnings are expected to grow at 12 percent for the next year. Using the company's historical average PE as a benchmark, what is the target stock price in one year? Note: Do not round intermediate calculetions and round your answer to 2 dec imal places, e.g., 3216

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