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Dora Corp. is an all equity firm and its net income is projected to grow 20% in YR1, 25% in YR2, and 30% in YR3,

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Dora Corp. is an all equity firm and its net income is projected to grow 20% in YR1, 25% in YR2, and 30% in YR3, and then 5.5% constant growth thereafter. The Retention Ratio is held constant at 60%, and YRO net income is 70M. The firm's beta is 1.25, the risk-free rate is 8 percent, and the market risk premium is 4 percent, and Dora Corp. has 20M shares outstanding. If the market is in equilibrium, what is the market capitalization of Dora Corporation? ** Do not round intermediate values. Your final answer should be in millions rounded to two decimal places. Example: if your answer is $56.275 million, enter 56.28) PriceWar Industries recently paid a dividend of DO = $2.23. We expect the company's dividend to grow by 30% this year, by 20% in YR2, and at a constant rate of 5% in YR3 and thereafter. The required return on this low-risk stock is 9.00%. What is the price at YR4? DO NOT ROUND INTERMEDIATE VALUES, NO CREDIT WILL BE GIVEN * FINAL ANSWER IN DOLLARS, ROUNDED TO TWO DECIMAL PLACES

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