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The required rate of return on the stock of Aberdeen Wholesale Company is 14%. Its expected ROE (return on equity ) is 14% and its
The required rate of return on the stock of Aberdeen Wholesale Company is 14%. Its expected ROE (return on equity ) is 14% and its expected EPS (earnings per share) is $5. If the firm's plowback ratio is 70%, its P/E ratio will be_______
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