某小区忙时话音信道试呼次数为3000，拥塞次数为150，掉话次数为20，分别计算本小区的拥塞率和掉话率。）

Use the following data to analyze a stock's price earnings ratio (P/E ratio):
The stock's beta is 1.2.
The dividend payout ratio is 60%.
The stock's expected growth rate is 7%.
The risk free rate is 6% and the expected rate of return on the market is 13%.
Using the dividend discount model, the expected P/E ratio of the stock is closest to:

A. 8.1.


B. 10.0.


C. 12.0.