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The market capitalization rate for Admiral Motors Company is 12%. Its expected ROE is 14% and its expected EPS is $7. If the firms plowback

The market capitalization rate for Admiral Motors Company is 12%. Its expected ROE is 14% and its expected EPS is $7. If the firms plowback ratio is 50%.

a. Calculate the growth rate. (Input your answer as a nearest whole percent.)

Growth rate %

b. what will be its P/E ratio? (Do not round intermediate calculations.)

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