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Posted on Jul 11, 2024

Franklin Corporation is expected to get a 1 2 $ dividend at year 1 . If Re = 1 5 % , ROE = 5

Franklin Corporation is expected to get a

12

$ dividend at year

1 .

If Re

= 15 %,

ROE

= 5 %

and Retention Rate

= 20 %,

what is its Stock Price?

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