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A firm has a required rate of return of 0.12. Its expected ROE is 0.116 and expected earnings per share are 4.9. If the firm's
A firm has a required rate of return of 0.12. Its expected ROE is 0.116 and expected earnings per share are 4.9. If the firm's retention ratio is 0.36, what is the firm's sustainable or intrinsically justifiable P/E ratio? 7.113 7.808 8.180 8.597 7.427
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