The market-capitalization rate on the stock of Fast Growing Company is 20%. The expected ROE is 22%, and the expected EPS are $6.10. If the firm's plowback ratio is 90%, the P/E ratio will be
A) 7.69.
B) 8.33.
C) 9.09.
D) 11.11.
E) 50.

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The Answer of The market-capitalization rate on the stock of Fast Growing Company is 20%. The expected ROE is 22%, and the expected EPS are $6.10. If the firm's plowback ratio is 90%, the P/E ratio will be
A) 7.69.
B) 8.33.
C) 9.09.
D) 11.11.
E) 50.

The Market-Capitalization Rate on the Stock of Fast Growing Company