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A firm has EPS of $ 5 . 7 0 and expected dividends of $ 2 . 7 0 . If dividends are expected to

A firm has EPS of $5.70 and expected dividends of $2.70. If dividends are expected to grow at 2.75% indefinitely and the required return is 8.35%, what is a reasonable P/E for this firm?

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