Question: If a firm increases its plowback ratio, this will definitely result in __________ P/E ratio. A - An Unchanged B - The answer cannot be
If a firm increases its plowback ratio, this will definitely result in __________ P/E ratio.
A - An Unchanged
B - The answer cannot be determined from the given information
C - A higher
D - The plowback ratio has no effect on P/E ratio
E - A lower
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