Sanders, Inc., paid a $3 dividend per share last year and is expected to continue to pay out 60% of its earnings as dividends for the foreseeable future. If the firm is expected to generate a 14% return on equity in the future, and if you require a 16% return on the stock, the value of the stock Is Multiple Choice $14.67 $28.12 $30.46 $42.79 Saved 2 (Ch 8,10,11,13) Help Subm Save & Exit 2 A firm has a stock price of $52.00 per share. The firm's earnings are $65 million, and the firm has 20 million shares outstanding. The firm has an ROE of 13% and a plowback of 55%. What is the firm's PEG ratio? 1:27:29 Multiple Choice 2.24 1.96 100 0.72