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E5.2. ROCE and Valuation (Easy) The following are ROCE forecasts made for a firm at the end of 2010. ROCE is expected to continue at

E5.2. ROCE and Valuation (Easy) The following are ROCE forecasts made for a firm at the end of 2010. ROCE is expected to continue at the same level after 2013 . The firm reported book value of common equity of $3.2 billion at the end of 2010 , with 500 million shares outstanding. If the required equity return is 12 percent, what is the per-share value of these shares

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