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    MLAWSON75's Avatar
    MLAWSON75 Posts: 1, Reputation: 1
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    #1

    Mar 22, 2009, 01:49 PM
    Stock price
    If stock sold for $14 per share 10 years ago and is currently selling for $22.80. Based on its past growth performance, what would you expect the stock price to be in 5 years?
    ROLCAM's Avatar
    ROLCAM Posts: 1,420, Reputation: 23
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    #2

    Mar 22, 2009, 04:30 PM

    If stock sold for $14 per share 10 years ago and is currently selling for $22.80. Based on its past growth performance, what would you expect the stock price to be in 5 years?

    There is no magic formula here.

    You can EXTRAPOLATE thus:-

    (22.80 - 14.00) /2
    $8.80/ 2
    $4.40

    So $22.80 + $4.40 = $27.20.
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