问题
单项选择题
Suppose a stock has a dividend payout ratio of 40 percent, a required rate of return of 15 percent and an expected growth rate of dividends of 10 percent. What is the P/E ratio of the stock（）
A. 2.667.
B. 1.5.
C. 8.0.
答案
参考答案：C
解析：
The P/E ratio is computed as 0.40/(0.15-0.10)=8.0.