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Stormy Weather has no attractive investment opportunities. Its return on equity equals the discount rate, which is 10%. Its expected earnings this year are $4

Stormy Weather has no attractive investment opportunities. Its return on equity equals the discount rate, which is 10%. Its expected earnings this year are $4 per share. Complete following Table.

Plowback ratios.... Growth Rate (%)...... Stock Price...... P/E Ratio

0

.05

.08

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