Aroma Ltd has a ROE of 35%, and the profit margin on sales is 10.24%. For a justified rate of return of 13% and for the current ROE and with a dividend and earnings growth rate of 7%, the P/B multiple should be closest to:
a. 0.633
b. 1.544
c. 2.812
d. None of the proposed answers is correct e. 4.667