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MF Corp has and ROE of 17% and a plowback ratio of 45%. The market capitalization rate is 14%. a. If the coming year's earnings

MF Corp has and ROE of 17% and a plowback ratio of 45%. The market capitalization rate is 14%. a. If the coming year's earnings are expected to be $1.60 per share, at what price will the stock sell? b. What price do you expect MF shares to sell for in 4 years?

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