A firm has a required rate of return of 0.13. Its expected

Last updated: 8/2/2022

A firm has a required rate of return of 0.13. Its expected RE is 0.14 and expected earnings per share are 7.5. If the firm's plowback ratio is 0.61, what is the firm's sustainable or intrinsically justifiable P/E ratio? 9.531 10.755 8.744 9.216 10.121