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QUESTION 2 The market capitalization rate (required return) on the stock of SMBC Company is 11%. Its expected ROE is 12%, and its expected EPS

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QUESTION 2 The market capitalization rate (required return) on the stock of SMBC Company is 11%. Its expected ROE is 12%, and its expected EPS is $4. The firm's plowback ratio is 66%. What should be the firm's P/E ratio

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