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Assuming Blossom Corp. has an ROE of 8% and investors require a 7% return on shares, estimate the firm's P/E ratio and market price given
Assuming Blossom Corp. has an ROE of 8% and investors require a 7% return on shares, estimate the firm's P/E ratio and market price given an EPS of $2.05 and a 20% payout ratio.
P/E ratio =
Market price= $
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Analysis for Financial Management
Authors: Robert Higgins
11th edition
77861787, 978-0077861780
