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A stock has a required return of 15 percent, a constant growth rate of 10 percent, and a dividend payout ratio of 50 percent. What

A stock has a required return of 15 percent, a constant growth rate of 10 percent, and a dividend payout ratio of 50 percent. What should the stocks PIE ratio be? a. 3.0 b. 4.5 c. 9.0 d. 11.0

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