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A firm has a required rate of return of 0.13. Its expected RE is 0.14...

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A firm has a required rate of return of 0.13. Its expected RE is 0.14 and expected earnings per share are 7.5. If the firm's plowback ratio is 0.61, what is the firm's sustainable or intrinsically justifiable P/E ratio?9.53110.7558.7449.21610.121

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