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The market capitalization rate on the stock of a company is 9%. Its expected ROE is 12%, and its expected EPS is $6. If the
The market capitalization rate on the stock of a company is 9%. Its expected ROE is 12%, and its expected EPS is $6. If the firm's plowback ratio is 50%, its P/E ratio will be _________.
| A. | 16.67
| |
| B. | 18.15
| |
| C. | 10.16
| |
| D. | 15.25
|
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