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Miller Technology Corp. is expected to have earnings next year of $6.50 per share. The expected ROE is 18.00%. The required rate of return is

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Miller Technology Corp. is expected to have earnings next year of $6.50 per share. The expected ROE is 18.00%. The required rate of return is 14.00%. If the firm has a plowback ratio of 45.00%, its intrinsic value using the growth dividend discount model should be

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