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The market capitalization rate on the stock of Fast Growing Company is 20%. The expected ROE is 22% and the expected EPS are sh6.10. If
The market capitalization rate on the stock of Fast Growing Company is 20%. The expected ROE is 22% and the expected EPS are sh6.10. If the firm's plowback ratio is 90%, what will the P/E ratio will be? (3 marks) Select one: a. 9.09 b. 11.11 c. 50 d. 7.69 e. 8.33 9:00 in the morning /
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