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Assume you are working with a firm with the following indicators: Share Price at time 1 = 142 $ Earning by share at time 2

Assume you are working with a firm with the following indicators: Share Price at time 1 = 142 $ Earning by share at time 2 = 8 $ Portion of earnings paid out of dividends = 40% Market rate of interest = 10 % What is the growth rate needed to support price-earnings ratio of 7?

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