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The market capitalization rate for Admiral Motors Company is 6%. Its expected ROE is 12% and its expected EPS is $6. The firm's plowback ratio

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The market capitalization rate for Admiral Motors Company is 6%. Its expected ROE is 12% and its expected EPS is $6. The firm's plowback ratio is 40%. Required: a. Calculate the growth rate. (Input your answer as a nearest whole percent.) Growth rate % 4 b. What will be its P/E ratio? (Do not round intermediate calculations.) P/E ratio

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