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The current stock price for Admiral Motors Company is 49. Its expected ROE is 14% and its expected EPS is $7. The firm's plowback ratio

The current stock price for Admiral Motors Company is 49. Its expected ROE is 14% and its expected EPS is $7. The firm's plowback ratio is 50%.

Calculate the growth rate.

a. 3%

b. 5%

c. 7%

d. 9%

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