Chartered Financial Analyst Level 1
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An analyst gathers the following information about a company:
- Dividend payout ratio: 40%
- Required rate of return on equity: 15%
- Return on equity: 20%
The justified forward P/E ratio for the company's stock is closest to:
An analyst gathers the following information about a company:
- Dividend payout ratio: 40%
- Required rate of return on equity: 15%
- Return on equity: 20% The justified forward P/E ratio for the company's stock is closest to:
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