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PepsiCo has a stock price of $68.00 per share. The firm's earnings are $85 million, and the firm has 20 million shares outstanding. The firm

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PepsiCo has a stock price of $68.00 per share. The firm's earnings are $85 million, and the firm has 20 million shares outstanding. The firm has an ROE of 11% and a plowback of 70%. What is the PepsiCo's PEG ratio? (round to two decimal points)

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