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The market capitalization rate for Admiral Motors Company is 9%. Its expected ROE is 14% and its expected EPS is $7.00. The firm's plowback ratio

The market capitalization rate for Admiral Motors Company is 9%. Its expected ROE is 14% and its expected EPS is $7.00. The firm's plowback ratio is 50%. a. Calculate the growth rate. b. What will be its P/E ratio?

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