vu experts - MGT201 answer required

Plz ans with reference:

The market capitalization rate on the stock of Steel Company is 12%.  The expected ROE is 13% and the expected EPS are Rs. 3.60.  If the firm's plowback ratio is 50%, what will be the P/E ratio?

►7.69

►8.33

►9.09

►11.11 

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