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step by step please 4. The required rate of return on the stock of Aberdeen Wholesale Company is 10%. Its expected ROE is 12% and

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4. The required rate of return on the stock of Aberdeen Wholesale Company is 10%. Its expected ROE is 12% and its expected EPS is $5.00. If the firm's plow-back ratio is 40%, what will be the P/E ratio? Ans: 11.54

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