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The market capitalization rate for Admiral Motors Company is 8%. Its expected ROE is 12% and its expected EPS is $6. The firm's plowback ratio
The market capitalization rate for Admiral Motors Company is 8%. Its expected ROE is 12% and its expected EPS is $6. The firm's 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.)
P/E ratio
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