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:
Exam-Like
A
5.7
0.0%
B
8.0
50.0%
C
13
50.0%
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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: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz
