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Homework: Chapter_10 Score: 0 of 1 pt 15 of 27 (4 complete) P 10-15 (similar to) SLYMN Enterprises has a P/E ratio of 118 and

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Homework: Chapter_10 Score: 0 of 1 pt 15 of 27 (4 complete) P 10-15 (similar to) SLYMN Enterprises has a P/E ratio of 118 and a dividend payout ratio of 35%. If its equity cost of capital is 13%, what growth rate is its P/E ratio consistent with? The growth rate is [%. (Round to one decimal place.)

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