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1.Sisters Corp expects to earn $6 per share next year. The firms ROE is 12% and its plowback ratio is 60%. If the firms market

1.Sisters Corp expects to earn $6 per share next year. The firms ROE is 12% and its plowback ratio is 60%. If the firms market capitalization rate is 8%.

-Sisters Corp expects to earn $6 per share next year. The firms ROE is 12% and its plowback ratio is 60%. If the firms market capitalization rate is 8%.

-Calculate the price with no growth

-What is the present value of its growth opportunities? (Do not round intermediate calculations.)

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