QUESTION FOUR [25] A firm projects an ROE of 20%; it will maintain a reinvestment ratio of 0.3. The firm is expecting earnings of R2 per share and investors expect a return of 12% on the investment. Required: 4.1 (11) Calculate the expected share price and the P/E ratio of the firm. Using information above and your answer in 4.1, calculate dividend yield. 4.2 (4)