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26. GS just paid a dividend of $2.00. The plowback ratio is 20%. GS has a beta of 2, the risk- free rate is

26. GS just paid a dividend of $2.00. The plowback ratio is 20%. GS has a beta of 2, the risk- free rate is 1%, the expected market return is 10%. The current price $12. What is the ROE?

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