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Jensen Shipping Currently Has an EPS of $2

Question 14

Multiple Choice

Jensen Shipping currently has an EPS of $2.31, a benchmark PE of 13.5, and an earnings growth rate of 2.3 percent. What is the target share price 4 years from now?


A) $27.32
B) $31.15
C) $38.47
D) $34.15
E) $29.42

Correct Answer:

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