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Business, 22.11.2019 02:31 TJxx187

Even better products has come out with a new and improved product. as a result, the firm projects an roe of 20%, and it will maintain a plowback ratio of 0.30. its projected earnings are $4 per share. investors expect a 13% rate of return on the stock. at what price and p/e ratio would you expect the firm to sell?

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