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net income - $ 2 , 5 0 0 , 0 0 0 dividends - $ 7 5 0 , 0 0 0 shares outstanding

net income-$ 2,500,000
dividends-$ 750,000
shares outstanding-200,000
growth rate-6%
rate of return-13%
the price/earnings ratio is:
Answer choices are below
a)16.35
b)15.89
c)15.14
d)16.11

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