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Please answer all parts fully! 3. Sisters Corp expects to earn $4 per share next year. The firm's ROE is 15% and its plow-back ratio

Please answer all parts fully!
3. Sisters Corp expects to earn $4 per share next year. The firm's ROE is 15% and its plow-back ratio is 40%. If the firm's required rate of return is 10%, what is the present value of its growth opportunities? Would the firm's value increase or decrease if it raises the plow-back ratio to 60%

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