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Atomic Energy Inc. maintains a dividend payout ratio of 40%. If the its earnings are expected to be $6.00/ share next year, and its cost

Atomic Energy Inc. maintains a dividend payout ratio of 40%. If the its earnings are expected to be $6.00/ share next year, and its cost of common equity capital is 11% and its earnings growth rate 6%, Atomic Energy Inc.'s common shares should sell at what P/E multiple (of next year's estimated earnings)?

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