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PLEASE HOW DID YOU COME ABOUT THIS ANSWER? CAN SHOW THE CALCULATIONS. THANK YOU!!! Let ROE = 21.7% from the part a of question, and

PLEASE HOW DID YOU COME ABOUT THIS ANSWER? CAN SHOW THE CALCULATIONS. THANK YOU!!! image text in transcribed
Let ROE = 21.7% from the part a of question, and solving for the price, With a ROE of 21.7% a price of $35 would suggest a steady growth rate of 12.5% Let ROE = 21.7% from the part a of question, and solving for the price, With a ROE of 21.7% a price of $35 would suggest a steady growth rate of 12.5%

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