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Assume a company has a payout ratio of 47 perceot, a profit margin of 7 percent, a cost of equity of 14 percent and a

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Assume a company has a payout ratio of 47 perceot, a profit margin of 7 percent, a cost of equity of 14 percent and a growth rate of 3.0 perceet, Do nat round intermediate calculations, Round youc answers to three decimal places. a. What is the forward prict-5ales multipie? b. What is the trailing price-sales multiple

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