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The firm projects a ROE of 2 5 % ; it will maitain a plowback ratio of 0 . 3 . The firm is expecting

The firm projects a ROE of 25%; it will maitain a plowback ratio of 0.3.The firm is expecting earnings of R5 per share and investors expect a return of 10% on the stock.What is the expected price and P/E ration of the firm? My question would be how did you arrived to 70% or 0,70

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