Question
The market capitalization rate on the stock of Aberdeen Wholesale Company is 11%. Its expected ROE is 13%, and its expected EPS is $4. If
The market capitalization rate on the stock of Aberdeen Wholesale Company is 11%. Its expected ROE is 13%, and its expected EPS is $4. If the firm's plowback ratio is 60%, its P/E ratio will be _________.
12.50
20.73
31.25
8.93
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Risk Management And Financial Institutions
Authors: John C Hull
6th Edition
1119932483, 9781119932482
