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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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