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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

  • 40.00

  • 12.00

  • 9.23

  • 25.73

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