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Hi Hewitt and All,

Current stock price: $48
· Earnings per share (trailing 12 months): $2.62
· Book value per share: $14
· Annualized growth, five years: 13.0%

I believe this data is easily found on sites such as Yahoo Finance but....

Estimates for intrinsic value to common equity range from $62 to $84 a share.

Could somebody tell me where Hewitt gets those estimates? Is it something he does himself? How?

Sorry for my ignorance.

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