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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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