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A firm is expected to generate return on equity of 10.4% in the next year. It is expected to generate EPS of $3.22 in the

A firm is expected to generate return on equity of 10.4% in the next year. It is expected to generate EPS of $3.22 in the next year. It maintains a constant flowback ratio of 35%. If the cost of equity is 9.04%.



What is the price of the firm's shares?

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