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The market capitalization rate on the stock of Aberdeen Wholesale Company is 12%. Its expected ROE is 14%, and its expected EPS is $3. If
The market capitalization rate on the stock of Aberdeen Wholesale Company is 12%. Its expected ROE is 14%, and its expected EPS is $3. If the firm's plowback ratio is 50%, its P/E ratio will be
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Financial Markets and Institutions
Authors: Anthony Saunders, Marcia Cornett
6th edition
