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Problem 9-10 Lauren Entertainment, Inc., has an 17 percent annual growth rate compared to the market rate of 8 percent. If the market multiple is
Problem 9-10 Lauren Entertainment, Inc., has an 17 percent annual growth rate compared to the market rate of 8 percent. If the market multiple is 20. determine PE ratios for Lauren Entertainment, Inc., assuming its dividend yield is zero, its beta is 1.00 and you feel it can maintain its superior growth rate for: a. the next 10 years. Do not round intermediate calculations. Round your answer to two decimal places. b. the next 5 years. Do not round Intermediate calculations. Round your answer to two decimal places
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