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Check my work Problem 18-9 MF Corp. has an ROE of 18% and a plowback ratio of 50 % The market capitalization rate is 12

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Check my work Problem 18-9 MF Corp. has an ROE of 18% and a plowback ratio of 50 % The market capitalization rate is 12 % a. If the coming year's earnings are expected to be $2.60 per share, at what price will the stock sell? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Price b. What price do you expect MF shares to sell for in two years? (Do not round intermediate calculations. Round your answer to 2 decimal places) Price 2 of 12 Prev Next & % # 7 0 5 6 8 9 2 3 P U T W E R K L J V X cmd A O V - Y F S4 Lu

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