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A firm has a required rate of return of 0.145. Its expected ROE is 0.151 and expected earnings pershare are 7.4. If the firm's payout

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A firm has a required rate of return of 0.145. Its expected ROE is 0.151 and expected earnings pershare are 7.4. If the firm's payout ratio is 0.5, what is the firm's sustainable or intrinsically justifiableP/E ratio? 7.9717.1948.4897.5578.198

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