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Consider the following: Required rate of return (k) 0.2 Return on equity (ROE) 0.20 Retention rate (RR) 0.50 Earnings Per Share 5.00 What is Earnings

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Consider the following: Required rate of return (k) 0.2 Return on equity (ROE) 0.20 Retention rate (RR) 0.50 Earnings Per Share 5.00 What is Earnings Multiple? ANSWER FORMAT: 123.45; Do not convert in %

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