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P/E and Growth Daisy Pixie Stix pays out 65% of its earnings as dividends. The firm has been earnings $0.17 cents per dollar of equity
P/E and Growth Daisy Pixie Stix pays out 65% of its earnings as dividends. The firm has been earnings $0.17 cents per dollar of equity invested in the firm and investors require a 10.00% return. The last annual earnings were $2.00 per share. What is the P/E ratio of the stock? Multiple Choice 31.78 24.72 Oo oo 16.05 41.87
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