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MF Corp. has an ROE of 14% and a plowback ratio of 60%. The market capitalization rate is 14%. a. If the coming year's earnings

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MF Corp. has an ROE of 14% and a plowback ratio of 60%. The market capitalization rate is 14%. a. If the coming year's earnings are expected to be $2.20 per share, at what price will the stock sell? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete and correct. Price b. What price do you expect MF shares to sell for in four years? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete but not entirely correct

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