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2. Suppose your stock price today is $56.97. Assume that over the upcoming year you think the price will increase by the sustainable growth rate.

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2. Suppose your stock price today is $56.97. Assume that over the upcoming year you think the price will increase by the sustainable growth rate. The firm has ROE of 14.5%, ROA of 5.7%, Net Income of $143,000, and Dividends paid of S56,000. What would you expect the price to be at the end of the upcoming year? a. S58.27 b. $60.40 c. $59.02 d. $62.48

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