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GHK co. has a P/E ratio of 10.3 and a dividend payout ratio of 15%. If its equity cost of capital is 12.5%, what growth

GHK co. has a P/E ratio of 10.3 and a dividend payout ratio of 15%. If its equity cost of capital is 12.5%, what growth rate is its P/E ratio consistent?

A) 11.04%

B) 13.67%

C)

10.11%

D)

12.45%

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