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A firm has a required rate of return of 0.085 . Its expected ROE is 0.096 and expected earnings per share are 6.3. If the

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A firm has a required rate of return of 0.085 . Its expected ROE is 0.096 and expected earnings per share are 6.3. If the firm's payout ratio is 0.35 , what is the firm's sustainable or intrinsically justifiable P/E ratio? 17.253 14.000 14.813 15.487 16.223

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