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No-Growth Industries pays out all of its earnings as dividends. It will pay its next $3 p

No-Growth Industries pays out all of its earnings as dividends. It

will pay its next $3 per share dividend in a year. The discount rate is 16%.

A What is the price- earnings ratio of the company? 2 decimal places
P/E RATIO:

B What would the P/E ratio be if the discount rate were 10% 2 decimal places
P/E RATIO

 
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