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A firm's retention / plowback ratio is 70%, its market capitalization rate is 13%, its earnings per share is $6, and its return on equity
A firm's retention / plowback ratio is 70%, its market capitalization rate is 13%, its earnings per share is $6, and its return on equity is 15%. What is the stock's price to earnings ratio?
Multiple Choice
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40.00
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12.00
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9.23
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25.73
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