An analyst gathers the following information about a company:
Estimated forward P/E ratio: 8
Retention rate: 45%
If the investor's required rate of return is 10%, the company's return on equity (ROE) is closest to:
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A
6.9%.
B
8.0%.
C
9.7%.
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An analyst gathers the following information about a company:
Estimated forward P/E ratio: 8
Retention rate: 45%
If the investor's required rate of return is 10%, the company's return on equity (ROE) is closest to: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz
