jade71992 jade71992

01-04-2024
Business

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The market capitalization rate on the stock of Aberdeen Wholesale Company is 10%. Its expected ROE is 12%, and its expected EPS is $5. If the firm's plowback ratio is 60%, its P/E ratio will be
A. 7. 14
B. 14. 29
C. 16. 67
D. 22. 22

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