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P/E and Value JJ Industries retains 80% of its income. Last year's EPS was $1.30 and ROE is 15%. Investors require a 13% return on

P/E and Value JJ Industries retains 80% of its income. Last year's EPS was $1.30 and ROE is 15%. Investors require a 13% return on this stock. What is the intrinsic value of the stock?

$42.98

$45.43

$48.05

$43.77

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