9. An analyst presents you with the following pro forma (in millions of dollars) that gives her forecast of earnings and dividends for 2013-2017. She asks you to value the 1,380 million shares outstanding at the end of 2012 , when common shareholders' equity stood at $4,310 million. Use a required rate of return for equity of 10 percent in your calculations. Forecasted return on common shareholder equity (ROE) for year 2017 is: a. 10.45% b. 11.45% c. 12.45% d. 13.45% e. 14.45%