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A firm has a required rate of return of 0.155 . Its expected ROE is 0.161 and expected earnings per share are 3.1 . If

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A firm has a required rate of return of 0.155 . Its expected ROE is 0.161 and expected earnings per share are 3.1 . If the firm's plowback ratio is 0.29 , what is the firm's sustainable or intrinsically justifiable P/E ratio? 6.555 6.211 5.821 5.454 6.870

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