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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 $6.10. If the
The market-capitalization rate on the stock of Fast Growing Company is 20%. The expected ROE is 22%, and the expected EPS are $6.10. If the firm's plowback ratio is 90%, the P/E ratio will be _________.
| A. | 7.69. | |
| B. | 11.11. | |
| C. |
50.
| |
| D. | 9.09. | |
| E. | 8.33 |
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