Question: Calculate the P / E ratio Baxter has a retention ratio of 5 1 % , a ROE of 1 6 % , and a

Calculate the P/E ratio
Baxter has a retention ratio of 51%, a ROE of 16%, and a discount rate of 15%. What is its P/E ratio (assuming the market correctly values the company)?
 Calculate the P/E ratio Baxter has a retention ratio of 51%,

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