$17$

The market capitalization rate for Admiral Motors Company is $9\%.$ Its expected ROE is $14\%$ and its expected EPS is $$7.$ The firm's plowback ratio is $50\%.$

Required:

a$.$ Calculate the growth rate. $($Input your answer as a nearest whole percent.$)$

$01$:$21$:$37$

Growth rate

$\%$

b$.$ What will be its $\frac{P}{E}$ ratio? $($Do not round intermediate calculations.$)$

P$/$E ratio