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MF Corp. has an ROE of 16% and a plowback ratio of 25%.The market capitalization rate is 12%. Please Show Work A). If the coming
MF Corp. has an ROE of 16% and a plowback ratio of 25%.The market capitalization rate is 12%. Please Show Work
A). If the coming year's earnings are expected to be $4 per share, at what price will the stock sell?
B). What price do you expect the stock to sell for in three years?
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