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A firm has a required rate of return of 0.09 . Its expected ROE is 0.121 and expected earnings per share are 2.9. If the

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A firm has a required rate of return of 0.09 . Its expected ROE is 0.121 and expected earnings per share are 2.9. If the firm's payout ratio is 0.65 , what is the firm's sustainable or intrinsically justifiable P/Eratio? 14.910 15.974 14,309 13.641 13.054

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