Even Better Products has come out with a new and improved product. As a result, the firm projects an ROE of 20%, and it will maintain a plowback ratio of 30 . Its projected earnings are $2 per share. Investors expect a 12% rate of return on the stock. a. At what price and P/E ratio would you expect the firm to sell? Price, 33,33: P/E: 16.67 Price: 23.33: P/E: 11.67 Price 11.67. P/E: 5.83 Price: 10, P/E 5