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Forward Inc. just reported annual earnings of $1 per share this year. The firm's ROE is 0.19 and its earnings retention ratio is 0.5. If

Forward Inc. just reported annual earnings of $1 per share this year. The firm's ROE is 0.19 and its earnings retention ratio is 0.5. If the firm's market capitalization rate (Rs) is 15%, How much is the P/E ratio (PO/E1)

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