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Lauren Entertainment, Inc., has an 18 percent annual growth rate compared to the market rate of 9 percent. If the market multiple is 16, determine
Lauren Entertainment, Inc., has an 18 percent annual growth rate compared to the market rate of 9 percent. If the market multiple is 16, determine P/E ratios for Lauren Entertainment, Inc., assuming its dividend yield is zero, its beta is 1.00 and you feel it can maintain its superior growth rate for:
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the next 14 years. Do not round intermediate calculations. Round your answer to two decimal places.
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the next 7 years. Do not round intermediate calculations. Round your answer to two decimal places.
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