Question
The market capitalization rate for Admiral Motors Company is 9%. 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 9%. Its expected ROE is 12% and its expected EPS is $6. The firm's plowback ratio is 70%.
a. Calculate the growth rate. (Input your answer as a nearest whole percent.)
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b. What will be its P/E ratio? (Do not round intermediate calculations.)
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Finance And Financial Intermediation
Authors: Harold L. Cole
1st Edition
0190941707, 978-0190941703
