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At the end of year X, the Petersen Company's stock is expected to have an EPS of $2.50, a payout ratio of 0.55, and a

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At the end of year X, the Petersen Company's stock is expected to have an EPS of $2.50, a payout ratio of 0.55, and a PIE ratio of 18. Based on this information, the estimated share price of Petersen at the end of year X is A) $9.90. B) $12.80. C) $24.75. D) $45.00. The risk-free rate of return is 5.5 percent, the expected market return is 11 percent, and the beta for Lea, Inc. is 0.85. What is Lea\"s required rate of return? A) 4.7 percent B) 10.2 percent C) 14.9 percent D) 15.7 percent

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