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MF Corp. has an ROE of 13% and a plowback ratio of 70%. The market capitalization rate is 12%. a . If the coming years
MF Corp. has an ROE of 13% and a plowback ratio of 70%. The market capitalization rate is 12%.
a. If the coming years earnings are expected to be $2.20 per share, at what price will the stock sell?
b. What price do you expect MF shares to sell for in two years?
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