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The market capitalization rate (required rate of return) on the stock of Aberdeen Wholesale Company is 10% (constant growth stock). Its expected ROE is 12%

The market capitalization rate (required rate of return) on the stock of Aberdeen Wholesale Company is 10% (constant growth stock). Its expected ROE is 12% and its expected EPS is $5.00. If the firm's plow-back ratio is 30%, its current stock price will be __________.

A. $60.87

B. $54.69

C. $48.43

D. $57.69

E. $51.25

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