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7. You are reviewing Solar Wind Ltd. which has the following data: ) ROE of 16% i) Market capitalization rate is 12%. iii) Expected earnings

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7. You are reviewing Solar Wind Ltd. which has the following data: ) ROE of 16% i) Market capitalization rate is 12%. iii) Expected earnings $2 per share iv) Plowback Ratio of 50% A At what price will the stock sell? (2) What price do you expect Solar Wind Ltd.'s shares to sell for in 3 years? (3) (5 Points)

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