Suppose a firm expects EPS of $1.50 for the end of the period and expects...

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Suppose a firm expects EPS of $1.50 for the end of the period and expects to maintain a dividend payout ratio of 60 percent. If the firm's price-earnings ratio is 7.8, and its return on equity is 10 percent, what is its required rate of return? (Please choose the closest answer) O a 11.7 percent Ob 10.7 percent Oc77 percent Od 9 percent 9.7 percent

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