Let be the class of polynomials of degree at least with , , let and let be Smale’s mean value constant. Smale proved that , observed that , and asked whether . We show that coincides with the supremum running over pairs in which is a normalised univalent map of the standard unit disk and is a finite Blaschke product with such that is locally univalent in . Smale’s question is therefore a problem in univalent function theory. We also introduce the degree-restricted constants for with and show that This implies that and we also show that there are polynomials of arbitrarily large degree with .

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