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You know the following concerning a common stock: EPS $3.00 Payout ratio 25% P/E 10 Annual ROR 6% of earnings and div If you want

You know the following concerning a common stock:

EPS $3.00

Payout ratio 25%

P/E 10

Annual ROR 6% of earnings and div

If you want to earn 10% percent, should you buy this stock? What is the maximum price you should be willing to pay for the stock?

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