Business, 17.02.2020 16:38 rsimmons696

You have found the following historical information for the Daniela Company over the past four years: Year 1 Year 2 Year 3 Year 4 Stock price $ 49.18 $ 53.18 $ 58.14 $ 56.32 EPS 2.35 2.47 2.78 3.04 Earnings are expected to grow at 11 percent for the next year. Using the company’s historical average PE as a benchmark, what is the target stock price one year from today? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

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You have found the following historical information for the Daniela Company over the past four years...

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