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A firm has a required rate of return of 0.135. Its expected ROE is 0.161...

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A firm has a required rate of return of 0.135. Its expected ROE is 0.161 and expected earnings per share are 3.3. If the firm's plowback ratio is 0.6, what is the firm's sustainable or intrinsically justifiable P/E ratio? 10.875 11.396 11.761 9.964 10.417

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