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Check my work 7 Investors in Rance Electric's stock require a return of 8%. If the company simply earns the cost of capital on its

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Check my work 7 Investors in Rance Electric's stock require a return of 8%. If the company simply earns the cost of capital on its new investments, what is the stock's P/E? (Round your answer to 1 decimal place.) 10 points Stock P/E ratio eBook Print References

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