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Due to growing demand for computer software, the Perry Company has had a very successful year and expects its earnings per share to grow by 25 percent to reach $5.50 for this year. Estimate the price of the company's common stock assuming the industry's price/earning ratio is 12.
Snellen Chart
A visual tool used to measure visual acuity, consisting of letters of varying sizes arranged in rows.
Amblyopia
A disorder in vision development where one eye does not reach normal levels of sharpness and is commonly known as "lazy eye."
Hyperopia
A vision condition, also known as farsightedness, in which distant objects can be seen more clearly than near objects.
Myopia
A vision condition characterized by the ability to see objects close to the eye clearly while distant objects appear blurred.
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