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--- , a seconds Question Completion Status: Moving to another question will save this response Question 28 of 12 Question 28 3 points were Ray

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--- , a seconds Question Completion Status: Moving to another question will save this response Question 28 of 12 Question 28 3 points were Ray Inc.'s earnings last year were 55 per share. Its expected ROE is 16% Ray's plowback ratio is 406. The cost of oquity is 12%. What price do you expect Ray shares to sell for in 5

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