You have found the following historical information for the .pdf
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Earnings for Daniela Company are expected to grow 21% next year. Using the company's historical average price-to-earnings (PE) ratio as a benchmark, the target stock price one year from today can be calculated. The target stock price one year from today, rounded to 2 decimal places, is ___.
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You have found the following historical information for the .pdf
- 1. You have found the following historical information for the Daniela Company over the past four years: Earnings are expected to grow at 21 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.)