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1. SLYMN Enterprises has a P/E ratio of 11.8 and a dividend payout ratio of 45%. If its equity cost of capital is 13%, what growth rate is its P/E ratio consistent with?

SLYMN Enterprises has a P/E ratio of 11.8 and a dividend payout ratio of 45%. If its equity cost of capital is 13%, what growth rate is its P/E ratio consistent with? The growth rate is 92% (Round to one decimal place )