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A firm's return on equity is 25%, its plowback ratio is 0.25, and its earnings per share is $2.0. What is the expected price of

A firm's return on equity is 25%, its plowback ratio is 0.25, and its earnings per share is $2.0. What is the expected price of the stock in 4 years if investors require a 17% rate of return?

Multiple Choice:

A) $19.78

B) $27.89

C) $17.78

D) $16.74

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