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Company is expecting to earn $6 next year. The expected ROE is 18%. The dividend payout ratio is 30%. If the market cap rate is

Company is expecting to earn $6 next year. The expected ROE is 18%. The dividend payout ratio is 30%. If the market cap rate is 14%, what is the firm intrinsic value?
1. $75.00
2. $101.11
3. $128.57
4. $142.87

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