[Solved] Castles in the Sand generates a ROE of 20

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Castles in the Sand generates a ROE of 20.2 percent and maintains a payout ratio of 0.5 . Its earnings this coming year will be

Castles in the Sand generates a ROE of 20.2 percent and maintains a payout ratio of 0.5 . Its earnings this coming year will be $ 3.67 per share. Investors expect a return of 17.26 percent on the stock. What is the stocks P/E ratio?

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