The market capitalization rate for Admiral Motors Company is 8%. Its expected ROE is 10% and its

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The market capitalization rate for Admiral Motors Company is 8%. Its expected ROE is 10% and its expected EPS is $5. If the firm's plowback ratio is 60%, what will be its P/E ratio?
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Essentials of Investments

ISBN: 978-0077835422

10th edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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