You have found the following historical information for the Daniela Company: ...
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Accounting
You have found the following historical information for the Daniela Company:
Year 1
Year 2
Year 3
Year 4
Stock price
$
48.09
$
64.22
$
62.94
$
65.62
EPS
2.54
2.60
2.77
2.76
Earnings are expected to grow at 9 percent for the next year. What is the PE ratio for each year? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
PE ratio
Year 1
Year 2
Year 3
Year 4
What is the average PE ratio over this period? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Average PE Using the company's historical average PE as a benchmark, what is the target stock price in one year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Target price $
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