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can you please answer both questions MF Corporation has an ROE of 13% and a plowback ratio of 70%. The market capitalization rate is 12%.
can you please answer both questions
MF Corporation has an ROE of 13% and a plowback ratio of 70%. The market capitalization rate is 12%. Required: a. If the coming year's earnings are expected to be $2.20 per share, at what price will the stock sell? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. b. What price do you expect MF shares to sell for in two years? Note: Do not round intermediate calculations. Round your answer to 2 decimal places Step by Step Solution
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