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8.00 points Problem 13-19 a MF Corp. has an ROE of 10% and a plow back ratio of 40%. If the coming year's earnings are

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8.00 points Problem 13-19 a MF Corp. has an ROE of 10% and a plow back ratio of 40%. If the coming year's earnings are expected to be S2 per share, at what price will the stock sell? The market capitalization rate is 14 Round your answer to 2 decimal places. Do not round intermediate calculations.) Price b. What price do you expect MF shares to sell for in three years? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Price References eBook & Resources

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