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A stock has a required return of 14%, a constant growth rate of 10%, and a...

A stock has a required return of 14%, a constant growth rate of 10%, and a dividend payout rate of 55%. The stock’s price-earnings multiple (P/E) is most likely to be :

1.

11 x
2.

13 X
3.

15 x
4.

14 x
5.

12 x
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