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4. XY Corp has an ROE of 12% and a plowback ratio of 45%. The market capitalization rate for XY is 11%. If the coming

4. XY Corp has an ROE of 12% and a plowback ratio of 45%. The market capitalization rate for XY is 11%. If the coming years earnings are expected to be $2.72/share, at what price will the stock sell?

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