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Ezzzzy Corporation has just reported an EPS of $5.15 and expects to maintain a dividend payout ratio of 40 percent. The firms price-earnings ratio is

Ezzzzy Corporation has just reported an EPS of $5.15 and expects to maintain a dividend payout ratio of 40 percent. The firms price-earnings ratio is 11 and its return on equity is 16.36 percent. What is the required rate of return? Answer

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