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  3. you have found the following historical informatio

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

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Accounting

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 $53.13 $58.45 $70.31 $61.12
EPS 2.35 2.47 2.78 3.18

Earnings are expected to grow at 1.71 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?

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