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Even Better Products has come out with a new and improved pr oduct. As a result, the firm projects an ROE of 20%, and it

Even Better Products has come out with a new and improved product. As a result, the firm projects an ROE of 20%, and it will maintain a plowback ratio of 0.40. Its projected earnings are $3 per share. Investors expect a 14% rate of return on the stock. Please Show Work.

A). What is thestocks current price?

B). What is the PVGO?

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