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32. a) If the payout ratio is 45%, growth in EPS is 2.5% and your required return is 9.5%, calculate the price earnings ratio. |
32. a) If the payout ratio is 45%, growth in EPS is 2.5% and your required return is 9.5%, calculate the price earnings ratio. | b) If earnings per share rises by $1.50 what would be the rise in stock price
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