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The market capitalization rate corresponding to WMT stock is 10%. The expected ROE is 5% and the expected EPS is $4. What is the P/E

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The market capitalization rate corresponding to WMT stock is 10%. The expected ROE is 5% and the expected EPS is \$4. What is the P/E ratio? (Assume the plowback ratio is 38% ). Round your answer to the nearest two decimals. (i.e. 6.23 and no need to multiply by 100 )

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