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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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Analysis For Financial Management
Authors: Robert Higgins
6th Edition
0071181172, 9780071181174
