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What is the projected stock price in six year

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Question 1: Ghost Riders Co. has an EPS of $1.59 that is expected to grow at 7.9 percent per year. If the PE ratio is 18.55 times, what is the projected stock price in 6 years?

Option 1: $46.54

Option 2: $50.22

Option 3: $48.38

Option 4: $40.72

Option 5: $43.14

Reference no: EM132469109

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