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3. A companyad$21ofsalespershareortheyear that just ended. You expect the company togrowtheirsaleat5.SpercerforthenexfiveyearsAfterthatyouexpecthecompany to grow 3.25 percent in perpetuity. The company has a 12 percent ROE and

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3. A companyad$21ofsalespershareortheyear that just ended. You expect the company togrowtheirsaleat5.SpercerforthenexfiveyearsAfterthatyouexpecthecompany to grow 3.25 percent in perpetuity. The company has a 12 percent ROE and you expect that to continue forever. The company's net margins are 6 percent and the cost of equity is 9 percent. UsethefreecashflowtoequitynodetovaludhisstockDonotroundntermediate calculationBoundyouranswerothenearestent

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