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The market capitalization rate on the stock of Wittchan Corp. is 8%. Its expected ROE is 9%, and its expected EPS is $4. If the

The market capitalization rate on the stock of Wittchan Corp. is 8%. Its expected ROE is 9%, and its expected EPS is $4. If the firm's plow back ratio is 75%, its P/E ratio will be (to the nearest dollar). 1

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