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b) Low P/E stocks represent good value investments. Discuss (10 marks) c) What is the implied growth rate is a stock is trading at a

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b) Low P/E stocks represent good value investments. Discuss (10 marks) c) What is the implied growth rate is a stock is trading at a P/E ratio of 12, with a (10 marks) payout ratio of 48% and a discount rate of 14%

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