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The market capitalization rate on the stock of Flexsteel Company is 12%. The expected ROE is 13% and the expected EPS is $3.60. If the

The market capitalization rate on the stock of Flexsteel Company is 12%. The expected ROE is 13% and the expected EPS is $3.60. If the firm's plowback ratio is 75%, the forward P/E ratio will be

	A.	50.00.
	B.	7.69.
	C.	11.11.
	D.	8.33.

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