What is the target share price seven years from


Davis, Inc., currently has an EPS of $2.28 and an earnings growth rate of 5.5 percent. The benchmark PE ratio is 24.

What is the target share price seven years from now? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Target stock price            $

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Financial Management: What is the target share price seven years from
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