单选题 A firm has an expected dividend payout ratio of 48 percent and an expected future growth rate of 8 percent. What should the firm"s price to earnings ratio (P/E) be if the required rate of return on stocks of this type is 14 percent and what is the retention ratio of the firm?
P/E ratio Retention ratio
①A. 6.5 48%
②B. 8.0 52%
③C. 8.0 48%
A. ①B. ②C. ③