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8-Speaker City Inc. is a national chain of electronics stores specializing in audio and home theatre equipment. The company has just reported EPS of $2.00
8-Speaker City Inc. is a national chain of electronics stores specializing in audio and home theatre equipment. The company has just reported EPS of $2.00 and expects to maintain a 30% payout ratio. Speaker City's shareholders require aa 9% return on their shares and dividends are expected to grow at 7%. What is the P/E constant fo r speaker city
7-Company Z is currently priced at $42. They just reported earnings per share of $1.15. What is the P/E ratio that investors are willing to pay for a share of Company Z's stock?
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