If the benchmark pe ratio is 21 what is the target share


Question

YGTB, Inc., currently has an EPS of $1.60 and an earnings growth rate of 7 percent. If the benchmark PE ratio is 21, what is the target share price five years from now?

(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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Financial Management: If the benchmark pe ratio is 21 what is the target share
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