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The market consensus is that Analog Electronic Corporation has an ROE = 8% and a beta of 1.35. It plans to maintain indefinitely its traditional

The market consensus is that Analog Electronic Corporation has an ROE = 8% and a beta of 1.35. It plans to maintain indefinitely its traditional plowback ratio of 2/3. This year's earnings were $2.2 per share. The annual dividend was just paid. The consensus estimate of the coming year's market return is 16%, and T-bills currently offer a 6% return.

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