### What is the target share price five years from now

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##### Reference no: EM132006481

Davis, Inc., currently has an EPS of \$2.10 and an earnings growth rate of 6 percent. The benchmark PE ratio is 18.

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.)

Target stock price            \$

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