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The market capitalization rate (required return) on the stock of SMBC Company is 13%. Its expected ROE is 9%, and its ex

Posted: Sun May 08, 2022 10:45 am
by answerhappygod
The market capitalization rate (required return) on the stock of
SMBC Company is 13%. Its expected ROE is 9%, and its expected EPS
is $8. The firm's plowback ratio is 47%. What should be
the firm's P/E ratio? Enter your answer in percent to 2
decimal places. For example, enter 14.45 for 14.45%.