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Castles in the Sand generates a rate of return of 15% on its investments and maintains a plowback ratio of .20. Its earnings this year will be $2 per share. Investors expect a 12% rate of return on the stock.
a. Find the price and P/E ratio of the firm. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
b. Find the price and P/E ratio of the firm, if the plowback ratio is reduced to .10? (Do not round intermediate calculations. Round your answers to 2 decimal places.)
A job has four pagse A, B, C, D and the main memory has two page frames only.
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The array contains the hours worked for 5 employees. These hours are entered by the user. All employees earn the same hourly wage. The program will calculate the gross pay for each employee.
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Then write a program that adequately demonstrates your new class.
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