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The current price of acme stock is $ 3 3 . 5 0 . Current EPS are $ 1 . 7 0 , the growth

The current price of acme stock is $33.50. Current EPS are $1.70, the growth rate for earnings is 6%, and acme does not pay a dividend. The expected return on the stock is 13%. What is the forward P/E ratio
a.22.27 times
b.21.03 times
c.19.71 times
d.18.61 times

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