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What would the firm's justified P/E ratio, if the expected dividend payout ratio is 12%, the required rate of return of the stock is 10%,
What would the firm's justified P/E ratio, if the expected dividend payout ratio is 12%, the required rate of return of the stock is 10%, and the constant growth rate of dividends is 7%? (If your answer is x2, then just type 2)
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