Chapter 09: Assignment - The Top-Down Approach to Market, Industry, and Company Analysis k to Assignment Attempts: Average: /2 5. Problem 9-10 eBook Problem 9-10 Lauren Entertainment, Inc., has an 16 percent annual growth rate compared to the market rate of 8 percent. If the market multiple is 17, determine P/E ratios for Lauren Entertainment, Inc., assuming its dividend yield is zero, its beta is 1.00 and you feel it can maintain its superior growth rate for: a. the next 16 years. Do not round intermediate calculations, Round your answer to two decimal places. b. the next 8 years. Do not round intermediate calculations. Round your answer to two decimal places. Grade it Now Save & Continue O E 11:33 AM 11/2/2020