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QUESTION 25 Assuming that Ska Companys cost of equity capital is 14% and it expects to grow earnings at a rate of 8% per year,
QUESTION 25
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Assuming that Ska Companys cost of equity capital is 14% and it expects to grow earnings at a rate of 8% per year, we would expect Skas P/E ratio to be:
a. 4.5
b. 14
c. 8
d. 16.7
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